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Ethiopian Chamber, Greek Federation of Enterprises sign MoU to advance cooperation in business, investment

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Addis Ababa, March 7, 2019 (FBC) – The 2nd Ethio-Greek Business Forum opened in Addis Ababa today in the presence of representatives of more than 14 anchor Greek companies who seek to invest in various investment areas, including tourism, manufacturing, energy and infrastructure sectors.

In his opening remarks, State Minister of Foreign Affairs, Dr. Akililu noted the two countries’ long-standing diplomatic relations, which he said, should also be strengthened in areas of trade and investment.

The State Minister also attached great importance to the interest of Greek investors to tap the vast investment opportunities in agriculture, tourism, energy and food-processing, while noting his government’s readiness to support the investors.

Mr. Nikolaos Quick, Deputy Minister of Foreign Affairs of Greek on his part, commended the sound economic policy and conducive investment climate in Ethiopia.

“The 2nd Ethio-Greek Business Forum is a testimony to my government’s commitment to strengthen the investment, trade and business ties with Ethiopia,” he said.

On the occasion, the Ethiopian Chamber of Commerce and Sectorial Associations and the Greek Federation of Enterprises have signed MoU on advancing cooperation in business and investment.

Ethiopia and Greek celebrate a century-old diplomatic relationship.

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