Ethiopia – Republic of Korea new agreement to further enhance their historical relationship: Officials
Addis Ababa, June 2, 2024 (FBC) – The Finance Minister Ahmed Shide, stated that the agreement signed between Ethiopia and the Republic of Korea an instrumental in further enhancing the historical relationship between the two countries.
Prime minister Abiy Ahmad (PhD) and First Lady Zinash Tayachew arrived in Seoul, Republic of Korea for an official visit.
During his stay, Prime Minister Abiy Ahmed in tandem with the ministerial delegation will participate in the Korea-African summit.
In their bilateral meeting, Prime Minister Abiy Ahmed and President Yoon Suk Yeol discussed way of further strengthening the longstanding and historical relations between Ethiopia and the Republic of Korea, Ahmed Shide noted.
According to the Minister, the Government of the Republic of Korea has affirmed commitment to strengthen trade and investment ties with Ethiopia, and support development activities in the country through financial assistance as the two leaders further agreed to work more closely in areas of technology transfer and agricultural transformation.
The financing cooperation agreement signed between the two countries will be implemented during the coming four years, he added.
According to the agreement, the finance will be used for infrastructure, science and technology capacity building, health and Urban Development works.
The Minister for Government Communication Service, Legesse Tulu (PhD) said the Republic of Korea has an immense experience harmonized with its progress, and those bilateral talks between the two leaders paved the way for further cooperation in experience sharing among the two countries.
The Republic of Korea has pledged commitment to share its best experiences in technology and economic sectors with Ethiopia, the Minister pointed out.
The visit of Prime Minister Abiy Ahmed (PhD) and his delegation to Seoul will bring the historical relationship between Ethiopia and the Republic of Korea to the next level, Ambassador of Ethiopia to the Republic of Korea, Dessie Dalke said.
He described the visit as a milestone to cementing historical relationship and paving the way for new areas of cooperation between the two countries in the future.