Ethiopia, Djibouti, and Russia Hold Joint Business Forum

ADDIS ABABA – A business forum entitled ‘the Russian – Ethiopia – Djibouti Business Forum’ was held in Moscow on Monday, says the Ministry of Foreign Affairs (MoFA).

The Coordinating Committee for Economic Cooperation with Africa (AFROCOM) organized the business forum in collaboration with the Russian Chamber of Commerce and Industry in a hybrid form.

It was attended by representatives of the Chambers of Commerce and related Ministries of Ethiopia and Djibouti as well as ambassadors of Russia in Ethiopia and Djibouti, and Ethiopian Ambassador to Russia Alemayehu Tegenu.

The forum was aimed to raise awareness for the small and medium-sized Russian businesses and give them a clear picture of the investment potentials of Ethiopia and Djibouti.

It also targets to create a conducive environment to improve bilateral trade and economic relations.

From the Ethiopian side, officials from the Ethiopian Investment Commission, Chamber of Commerce and Sectoral Associations of Ethiopia, and Ethiopian Coffee and Tea Association have made presentations, respectively.

The next forum, expected to serve as a springboard for business missions to Ethiopia and Djibouti, is scheduled be held in February.

It was also learnt that AFROCOM is preparing itself to launch Russian Business Support Centers in both countries in the near future, according to MoFA.

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