Canadian Prime Minister Justin Trudeau received warm reception in Ethiopia where he traveled to deepen relation.He will also attend African Union summit currently underway in Addis Ababa
February 7, 2020
Canadian Prime Minister Justin Trudeau arrived in Ethiopia on Friday for an official visit. Upon arrival, he was welcomed by Nobel Peace Prize Winner Ethiopian Prime Minister, Abiy Ahmed.
“I’m happy to welcome Justin Trudeau for his visit to the Land of Origins. I look forward to our discussion towards strengthening the relations between our two countries,” Abiy Ahmed tweeted soon after receiving his Canadian counterpart.
I’m happy to welcome @JustinTrudeau for his first visit to the @LandofOrigins. I look forward to our discussions towards strengthening the relations between our two countries. pic.twitter.com/ab9NpBbyKJ— Abiy Ahmed Ali 🇪🇹 (@AbiyAhmedAli) February 7, 2020
Trudeau will hold meetings with President Sahle-Work Zewde and Prime Minister Abiy Ahmed. He is the first Canadian Prime Minister to visit Ethiopia.
According to a statement from Canada’s office of Prime Minister published last week, Trudeau’s visit to Ethiopia will focus on “economic opportunity and prosperity, climate change, democracy, and gender equality.” His visit to Africa came at a time when Canada is deepening “relationships in the region and advances new partnerships that will benefit Canadians.”
In his visit to Ethiopia, Trudeau is accompanied by Mary Ng, who is the Minister of Small Business, Export Promotion and International Trade, and a group of Canadian Business delegation.
Canada and Ethiopia established diplomatic relations in 1965, and Canada has an embassy in Addis Ababa. According to the 2016 census Canada profile, 44,065 Ethiopians and Canadians of Ethiopian descent live in Canada. The number is probably weigh more than that at this point in time due to new immigration- among other things.
Trudeau will also meet with African leaders at the 33rd African Union summit in Addis Ababa, the seat of the Union.
Next stop for Trudeau after Ethiopia is Senegal and then he will travel to Germany.
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When the border wall Trump is building is finished refugees are expected to head to Canada instead of heading to USA, bringing Canada more cheap labor so Canada’s small business community will thrive being more competitive in the global market while exporting products at a competitive price.
Why are you echoing this news time and again ? are you eager to conduct killings ? whois behind this brutal act at the expense of mass killings to gain power and scramble land among tribes. Donot use orthodoxy as shiled for poltical agenda!!!
doctors do experiments on migrants like those evil physicians do the same on street children in addias ababa, reported by one of newspapers in finfine.
Businessmen need migrants to make ahuge profit while natives suffer from unemployment and its brutal effect.Lawyers do benefit from juvenile deliquency etc last year celebrities pledge to spend billions to amend us jsutice system; We see famous rich men paying money and interceding with high ranking officails like Mr Trump to help them set free imprisoned fellows;
Great meeting with @KimKardashian today, talked about prison reform and sentencing.
we see people doing strange things with thier pretexts while innocent poor people lead thier entire life in prison .
Abiy is locking innocent people in prison while he the serial killer walk freely and lead a nation . How long ??
Kim Kardashian, Sylvester Stallone, and Meek Mill are Among the Recent Celebrities Taking on Criminal Justice Reform
Israeli woman convicted of drug trafficking but pardoned by Putin walks free from Russian prison being a citizen of one of developped country could be a privilege as you can see from the above information even if you commit …..
We need developped countries avoid from intervening in our politics apart from economic and cutural relations.
W. Temple St., Room 8, Los Angeles, CA, 90014
Defending National Economic Sovereignty
This article appeared in Prosperity, September 2001
In 1998 James Gibb Stuart was asked to provide advice to the Malaysian government, which was then struggling against an IMF induced economic crisis. The following is taken from his Briefing Paper. Three days after receiving this material the Malaysian government announced exchange controls.
It has been suggested that I might make some comment on the current financial crisis which would be helpful to our Muslim friends in Malaysia and elsewhere.
Let us begin by noting that this is not a failure of Asia and its systems, but a reflection upon the creed of deregulated so-called “free market” finance capitalism which too many Asian nations have embraced.
Those who embraced it least are least affected. Those who accepted it without question are now faced with several years of reduced expectations, deprivation and ruin.
Why? Not necessarily because of their own faults and excesses, which could be many, but because the banking and financial model they so enthusiastically adopted is itself basically flawed, and possessed of a fatal instability.
It was not as altruists or benefactors that Western bankers ventured into Eastern markets, but as fugitives from a milieu which had reached the limit of its tolerance.
The deregulated “free market” finance capitalist system which prevails among the developed nations is based upon an ever increasing burden of debt, and when the societies within which it is practised approach their saturation point, it must find new outlets for its ever-increasing outflows.
The Western institutional lender has a much greater compulsion to lend than his prospective client has to borrow.
But now the lending has to stop. Eastern nations should be looking inward towards their own indigenous strengths and resources, rather than importing capital from abroad.
Once this fact is appreciated, some acts of self-preservation must follow:
FIVE ACTS OF ECONOMIC SELF-PRESERVATION
First comes a measure of foreign exchange control, to prevent the nation’s reserves, its financial lifeblood, from being sucked out by speculators.
Secondly, the progressive liberalisation of financial markets should be reversed, as this advance towards a global economy can rob developing peoples of the benefits of their own national resources.
For the same reason, and thirdly, there should be no inclination to privatise national assets as a device for paying off government debt. Such assets belong to the people, and should not be put up for auction, where market forces can consign them to foreign ownership. British experience of privatisation proves that selling assets to reduce national debt is only a temporaray expedient. They can only be sold off once, and when they are gone, the cycle of debt and borrowing continues.
In the matter of existing loans that have gone sour, it is impossible to generalise. Each situation must be dealt with on its merits, and acrimony and trade reprisals avoided. But, fourthly, there should be every endeavour to avoid further borrowing, particularly in US dollars. The recent round of currency devaluations has shown this to be a treacherous device whereby international entrepreneurs can buy up the local economy at bargain prices.
At this stage a clear appreciation is needed of what constitutes money, wealth and resources. Even without the lure of foreign financial inflows, we must ask, to what extent is the nation impoverished? The sun still shines. The crops still ripen. The eager workman’s hands and skills and energies are in no way diminished — provided he can have faith in his Government to protect his earnings and ensure an adequate reward for himself and his family.
Even in conditions of economic crisis, the primary priority is not to pay the bankers or reassure the stock markets, but rather to see that the people are properly fed and housed. A child dying of malnutrition in the midst of plenty is a crime against humanity and a blight on the bounty of Mother Nature.
That is why IMF ‘bail-outs’ which hinge upon further foreign borrowing, liberalisation of markets and cutbacks in social expenditure, should be rejected in utter abhorrence.
Fortunately, support for this viewpoint is finally coming through from Western sources, where the more independent-minded economists are now contending that the IMF and its harsh methodology should be drastically revised or abolished.
We spoke about debt-inflicted Eastern nations turning back upon themselves, looking inward at their own basic strengths and resources. In this regard, and fifthly, money incentives to stimulate commerce, agriculture, industry and social programmes, need not be in the form of expensive US dollars. All recognised, legitimate governments can on occasions create their own debt-free money and use it for essential national objectives. Despite banking protestations, this expenditure is not inflationary, since it does not increase the volume of debt — and it is debt, not the supply of money, which causes inflationary pressures.
These five acts: Stopping the haemorrhage of national reserves by means of exchange controls; reversing the liberalisation of financial markets; rejecting the privatisation of public assets; avoiding foreign loans or further borrowing; and steadfastly maintaining social programmes, with government created debt-free money if necessary — all in the face of IMF outrage — will cause the charismatic leader to be smeared and ridiculed abroad.
So, lastly, he must look to his personal and governmental security, avoiding risk of physical or political assassination; losing no opportunity to tell the public what he’s doing and why he’s doing it; laying it continually on the line that the current financial crisis is not his crisis, or their crisis, but a crisis of Western economics which will ultimately devour the whole of civilisation if it is not resisted and amended.
Further reading: “East Beats West: Justin Marozzi on how Mahathir Mohammed rescued his country and made fools of the IMF”, The Spectator, 18 March 2000.
“Dr Mahathir has struck his own blow against the denizens of the Twin Towers without taking a single US life.” James Gibb Stuart, The Herald (Glasgow), 24 September 2001.
Reply To Serkaddis
-Get your facts straight .
1. IMF never in history induced a financial crisis to anyone
2. Malaysian government did not announce exchange controls .
Girma birru look IMF agent and doing the brainwashing .