Ethiopian News

Prime Minister Hailemariam Dessalegn said Ethiopia will provide the necessary support to Indian investors. While discussing with Indian business delegation here Monday, Hailemariam said activities will be carried out to boost trade ties with India from the current 4.5 billion USD to 10 billion USD at the end of the Growth and Transformation Plan period. Hailemariam said efforts will be exerted to further enhance existing favorable situation to expand investment in Ethiopia. Trade ties will be enhanced in the areas of agriculture, manufacturing, hotel, construction materials and IT, among others, he said. Delegation Head, President of Federation of Indian Chambers of Commerce and Industry (FICCI) , R V Kanoria on his part expressed desire of Indian investors to engage in the industry sector in Ethiopia.