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Ethiopia, Russia to strengthen cooperation in trade and business |

Ethiopia, Russia to strengthen cooperation in trade and business

Ethiopia, Russia to strengthen cooperation in trade and business

Screen Shot 2015-08-13 at 8.56.17 amForeign Minister Dr. Tedros met with Mikhail Boganov, Special Representative of the President of the Russia Federation for the Middle East and Africa countries and Deputy Minister of Foreign Affairs of the Russian Federation on Friday (January 30). The two sides discussed bilateral and political relations, and trade and investment partnerships between Ethiopia and Federation of Russia. Mr. Boganov, who noted the historic ties between the two countries, and emphasized the Federation’s interests and concerns in Africa, welcomed Ethiopia’s role on the continent. Following the recent visit of the Speaker of the House of Federation, Kassa Teklebirhan, to Russia, Mr. Boganov stressed the need to create partnership between the two parliaments. He also underlined the need to widen trade and business cooperation and specifically mentioned Russian plans to become involved poultry and food security investments in Ethiopia as well as the expanding market for Ethiopian coffee in Russia. Mr. Boganov also spoke of possible cooperation for training of personnel in various areas. Dr. Tedros agreed that Ethiopia and the Russian Federation had an excellent and cordial relationship that should be encouraged and nurtured. With regard to trade and investment, he felt that growth was slow compared to the potential. In order to have a strong long term relationship it was important to let investment and trade have a key role, and Russian investment to Ethiopia should be increased. The possibility of promoting Ethiopia in Russian publications was raised. Dr. Tedros suggested a new air service agreement could increase the number of Ethiopian Airlines flights to Moscow…

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