Ethiopia-Pakistan business forum kicks off in Karachi

Addis Ababa, May 9, 2023 (FBC) – The Ethiopia-Pakistan Business Forum Kicks off today in Karachi. The forum got underway with the goal of fostering more commercial and investment ties between the two countries.

Ambassador Mesganu Arga, State Minister of Foreign Affairs of Ethiopia, stated at the beginning of the forum that Ethiopia has been working diligently over the past five years to strengthen its diplomatic and trade relations with Pakistan.

He added that Ethiopia is transforming its policies to attract more international investment, urging Pakistani investors to seize this opportunity. He stated that the Ethiopian Government is making a lot of effort to increase trade volume between Ethiopia and Pakistan.

Chief Executive of Trade and Development Authority of Pakistan (TDAP), MUHAMMAD ZUBAIR MOTIWALA stated in his address that the beginning of Ethiopian Airlines flights to Karachi will give Pakistan a chance to improve its relations with Africa in addition to Ethiopia.

He underlined that the countries should maximize their potential and comparative commercial potential to develop their trade and noted that Ethiopia is a crucial country in Pakistan’s relations with Africa.

The forum provided an explanation of and discussion of Ethiopia’s economic opportunities and favorable environment. Senior government representatives from various institutions as well as members of the business community attend the forum.