Addis Ababa, January 8, 2025 (FMC) – Ethiopia’s comprehensive economic agenda, which is addressing all structural and non-structural issues of the economy, can make the country a strong player in Africa, Ambassador of India in Ethiopia remarked.
Ambassador Anil Kumar Rai told ENA that the historic inclusive relations between the two countries are growing as the BRICS platform offers a huge range of opportunities to cooperate in various sectors.
According to him, BRICS provides economic transformation starting from industrialization, mining, agriculture, horticulture, textiles, and services by using the modern electronic digital platform.
The scope of cooperation the BRICS platform offers is immense and diverse starting from the basic sector of the economies like agriculture, food security, and provides a unique financial instrument that can serve developing countries, he added.
Ambassador Rai disclosed that the two countries have just concluded a memorandum of understanding on digital public infrastructure.
“So, we feel that the opportunities are immense and the leadership of both countries are working together.”
Commenting on Ethiopian comprehensive economic agenda, he underscored that the Homegrown Economic Reform is an ambitious agenda which is comprehensively addressing all structural and non-structural issues of the economy.
“We feel that the way the reforms are going, Ethiopia can establish itself as a strong player in Africa because it has a big population, large landmass and has a very robust basic infrastructure,” the ambassador affirmed.
India’s well known industries are keenly watching the reform process, he pointed out, adding that the strong relationship between the two countries will continue to strengthen, grow and become more vibrant.
Stressing the need for reinforcing endeavors at leveraging its human capital, the ambassador said education is crucial to ensure the skill needs in the development of Ethiopia.
As human capital is the biggest asset for Ethiopia, leveraging this human capital is important, he noted, adding that sharing India’s successful experience is also instrumental.
In the journey to achieve comprehensive growth, education is the backbone of any society; and so is the case for Ethiopia, Ambassador Rai stressed.
“What we see is that Ethiopia is a land of origins. It has people who have a very broad understanding about the world. And you have one of the best qualities of human power.”
Diplomatic relation between India and Ethiopia began as early as 1948, when India became independent.