Ethiopia, Saudi Arabia discuss ways to scale up trade and investment cooperation

Addis Ababa, May 20, 2022 (FBC) – Ambassador of Ethiopia to Saudi Arabia, Lencho Bati held a meeting with Chairman of the Board of Federation of Saudi Chambers, Ajlan Abdulaziz to discuss ways to expand Trade and Investment between Ethiopia and Saudi Arabia.

The discussion between the two focused on strategies related to expanding economic and commercial activities between the two countries, which includes holding Investment and Trade Forum, And facilitation of trade delegation visit to Ethiopia.

Ajlan Abdulaziz said he recognizes the great potential Ethiopia provides to Saudi investors as well as Export to Saudi market.

He also concurred with the importance of holding Investment and Trade Forum in Riyadh at this juncture, and assured his full support to expand bilateral business cooperation.

The two sides also discussed the importance of establishing Ethio-Saudi business council to deepen the trade between Ethiopia and Saudi Arabia.