Ethiopia Shipping and Logistic Service Enterprise Signed agreement - Ethiopian News

The Enterprise signed an agreement with 40 shipping agents in a bit to increase a efficiency of the import- export trade of the nation, the agents drawn from 31 countries, speaking on the occasion Enterprise deputy director general chief Ato Ambaye said it is essential to work in cooperation with shipping agents to make the import-export   trade of the country efficient ,the agreement provide strengthen fair trade relations between Ethiopia and the shipping agents, the Enterprise has purchase 9 ships at a cost of 300,24Million USD realize its goal in the growth and transformation plan, the 20% of the cost of the purchase was covered by the government of Ethiopia while the balance found from the Xian bank China on loan so far the Enterprise took delivery of 4 of the ships out of which 2 have  already gone operational, the shipping agent have agreed to work to expand and strengthen  Ethiopian trade relation  with the best of the world.