Ethiopia, Finland eye enhanced business ties

finland 2Ethiopia and Finland have agreed to deepen and diversify the nature and scope of the longstanding bilateral cooperation between Ethiopia and Finland, especially in areas of trade and investment.

This has been emphasized during a meeting between Dr. Aklilu Hailemichael, State Minister for Foreign Affairs and a Finnish business delegation led-by Anne-Mari Virolainen, Minister for Foreign Trade and Development of Finland, this morning (March 12).

The bilateral talks between Dr. Aklilu and Virolainen, chiefly focused on ways of further bolstering the business ties and the development cooperation between Ethiopia and Finland. While mentioning the Ethio-Finnish cooperation in the areas of agriculture, education, and development assistance, Dr. Aklilu expressed Ethiopia’s interest to expand the spectrum of cooperation, particularly in the advancement of the agricultural sector, the provision of development assistance, science and technology, as well as enhancing Finnish investment in Ethiopia thereby resulting in an ever-growing commercialization of the relations between the two countries. Pointing to the fact that Ethiopia is a nation that aspires to become a middle-income economy by 2025, Dr. Aklilu, reassured the Finnish business delegation that Ethiopia is demonstrably ready in facilitating more Finnish investment in Ethiopia through the provision of reliable and robust clean energy sources and an array of infrastructural facilities.

Virolainen, reiterating the launch of development cooperation between the two countries back in 1967, expressed Finland’s interest to further expedite the current level of development partnership in the areas of agriculture, land development, education, sanitation and water.