Trudeau concludes visit to Ethiopia,notes opportunity for investment

Huge skilled man power and extensive market in Ethiopia constitutes an investment opportunity, says Trudeau

Justin Trudeau _ Ethiopia
Prime Minister Trudeau leaves for Senegal from Bole International Airport in Addis Ababa. Ethiopian FM Gedu Andargachew sees him off. Photo credit : FBC

borkena
February 10, 2020

Canadian Prime Minister Justin Trudeau concluded a three days visit to Ethiopia on Monday.

Ethiopia’s Foreign Minister Gedu Andargachew greeted Trudeau at Bole International Airport as the latter headed to his next stop in Africa, Senegal where he would meet with the country’s president Macky Sall.

During his stay in the country, he had a meeting with Prime Minister Abiy Ahmed and President Sahle-Work Zewde.

Apart from Ethiopian authorities, he met with outgoing African Union (AU) Chairman President Abdul-Fetah al-Sisi of Egypt, President Paul Kagame of Rwanda, AU Commission Chairman Moussa Faki Mahamat and Somalian President, Mohamed Farmaajo.

He tweeted :

State-affiliated Fana Broadcasting Corporate (FBC) reported on Monday that Trudeau told journalists in Addis Ababa that his three days working visit in Ethiopia was a success.

He also said that he has learned what Prime Minister Abiy Ahmed has been doing to transform Ethiopia and that Canada shares the “Prime Minister Abiy Ahmed’s vision.”

“Canada is ready to work in partnership with Ethiopia in capacity building and in the economic sector,” FBC cited the Canadian Prime Minister as saying.

He also told reporters that Ethiopia has skilled human resources and extensive market opportunity for an investment. What we see in Addis Ababa alone is evident for that, he added.

However, he warned that it is impossible to think about success without genuine and equal opportunity for every citizen.

According to CBC News, Trudeau pledged $10 million in funding for women empowerment programs and an investment agreement with Ethiopia.

“Canada and Ethiopia are about to start negotiating a Foreign Investment Protection Agreement,” Trudeau said as reported by CBC.

Existing trade relation between the two countries is small. In 2018, the two ways volume of trade between the two counties was only $170 million; of course, the bulk of it was Canadian export to Ethiopia.

Canada and Ethiopia will jointly organize a conference on technology free from pollution in Addis Ababa some next year.



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4 Responses to "Trudeau concludes visit to Ethiopia,notes opportunity for investment"

  1. Larsage   February 10, 2020 at 8:06 pm

    Canada could do a lot to help Ethiopia’s legal system reach an acceptable standard. Throughout history Canada remained the only Caucasian led country that did not meddle in Ethiopia’s internal affairs since only three percent of the total population of Canada are black or from African descent.

    On the other hand USA’s black or African descent is 13% of the total population which shows Canada should start a program similar to diversity visa DV visa program to Africa.

    Reply
    • Daniel Zeru from California USA   February 13, 2020 at 5:33 pm

      I was Robbed of Two Million Ethiopian Birrs AT Bin International Hotel IN ETHIOPIA, Says Senior Ethiopian Official.

      By Staff Reporter

      Taye-Dendea-Prosperity-PartyFebruary 12, 2020 (Ezega.com) — Taye Dendea, a senior Ethiopian official reported a robbery case of over two million birr and other belongings from his car in Bishoftu city, 45km southeast of the capital Addis Ababa.

      Speaking to the Media, Taye who is the spokesperson of the ruling Prosperity Party said the robbery occurred when he was having lunch at Bin International Hotel while his car was parked in the hotel.

      Taye claimed the alleged robbers opened the car with master key and stole the stated-sum of money and other properties.

      According to the senior official, the stolen money was supposed to be paid as per diem for government officials who were attending training on the guiding principle of the prosperity party in Bishoftu city.

      Taye said his laptop computer and two notebooks were also stolen. On a Facebook page, one person posted that he has got notebooks of Taye Dendaa, the communication head said. No confirmation was given as to the validity of this assertion.

      Taye Dendea, lawyer by profession, had served as Head of Communication and PR Department of the Oromia regional government.

      Reply
  2. Daniel agent   February 11, 2020 at 10:03 am

    Minster Daniel Alemayehu

    to whoM are you intimidating ? who are you mister agent Daniel Alemayehu ?

    where are you now ? I could come and talk to you ? what are you doing are you making money by defaming people and brainwashing innocent people and apearing to be a religious person ? funny you need to change your religion to something like where you can worship gold and the like you are a pagan for me

    Reply
  3. YehaKingdom   February 13, 2020 at 9:27 am

    Since the year 2000 6,000+ MeTEC assembled tractors were produced , now these tractors need to be given the chance to get exported tax free to other countries where they are in high demand.

    The current Ethiopian federal government has banned the MeTEC assembled farm tractors from being given the highest quality recognition because the current federal Ethiopian government wants to sue General Kinfe Dagnew with false accusations of stealing from the tractors assembly plant’s budget which is a total lie .

    The 6,000 + MeTEC assembled tractors are perfect farm tractors that are in demand by other countries , but the export tax of the government is too hefty the countries donot want them for that reason only. Beside that General Kinfe Dagnew and his engineering University need to be given praise for their achievement in this low cost production of the farm tractors MeTEC . Since General Kinfe was arrested not one tractor was made by MeTEC so we need to rescue free General Kinfe Dagnew.

    የግብርናውን ስራ የሚያዘምኑ 624 ማሽነሪዎችን ከቀረጥ ነጻ እንዲሆኑ ተፈቀደ::

    MeTEC books.google.com ctr› books
    The rapid – but from a low base – uptake of agricultural …

    Reply

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