Ethiopia keen to strengthen trade ties with Pakistan: Envoy

Business Sep, 22 2022
Ethiopia keen to strengthen trade ties with Pakistan: Envoy
  • 178
  • 0

ISLAMABAD: Ethiopia’s Ambassador to Pakistan Jemal Beker Abdula said his country is keen to further strengthen trade ties with Pakistan by establishing institutional linkages between two states.

In a meeting with Trade Development Authority of Pakistan (TDAP) Director General (Islamabad) Muhammad Naseer, envoy underlined need to sign accords between trading organisations of both countries to ensure bilateral trade under a legal system. “There is also a need to identify key areas which have potential to boost trade between two countries,” he said, adding Pakistan could import coffee, red beans, and others, while sugar, rice, and pharmaceutical equipment might be exported to Ethiopia, Ambassador said.

“Our government is strongly looking forward to building a strong relationship with Pakistan, which is located in a very important region and has major economies in its neighbourhood,” he remarked. Ethiopian airlines would soon start its operations in Pakistan, further strengthening people-to-people contacts by promoting tourism and cultural activities.

Naseer highlighted contours of Pakistan’s “Look Africa” policy and assured envoy of all-out support and facilitation for boosting bilateral trade between two countries. He expressed his interest in holding joint conferences to enhance trade between both countries by promoting business-to-business contacts. He said Pakistan had vast opportunities to export its products to Ethiopia, which had already been importing various goods, including textiles from Russia, India and China.

Published in The Daily National Courier, September, 22 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Our Correspondent
Our Correspondent https://www.dailynationalcourier.com/author/our-correspondent
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Nawaz Sharif visits shrine of Hazrat Saad ibn Abi Waqqas (RA) in China’s Guangzhou

Guangzhou: Pakistan Muslim League-Nawaz supremo Nawaz Sharif visited shrine of Hazrat Saad ibn Abi Waqqas (RA) in Guangzhou, capital and largest city of Guangdong province in...

Pakistan, US officials engage to improve trade, investment

Karachi: Pakistan and United States convened an intersessional meeting under Trade and Investment Framework Agreement (TIFA), according to statement released. Officials from b...

IHC judges’ letter: SC forms new bench

ISLAMABAD: Supreme Court of Pakistan formed new bench to hear suo motu case regarding allegations of interference by intelligence agencies in judicial functions. New bench has...

JI Chief urges timely Iran-Pakistan pipeline

LAHORE: Jamaat-e-Islami Chief Hafiz Naeemur Rehman has urged authorities concerned for timely completion of Iran-Pakistan Gas Pipeline project while cautioning United States a...

More like this
Related

Gold prices rise in Pakistan

KARACHI: The gold prices in Pakistan continue to increase in Pakistan as per tola price reached Rs242,500 in the local market. The per tola price of 24 karat gold witnessed an...

Pakistani rupee continues to decline against USD

KARACHI: Pakistani rupee on Wednesday depreciated by 02paisa against the US dollar in the interbank market, according to the State Bank of Pakistan (SBP) report.  The loc...

Hard work requires to bring power, oil prices down: Shahid Khaqan

ISLAMABAD: Former Prime Minister Shahid Khaqan Abbasi said that hard work and hard decisions will be required to bring power and petroleum prices down. Talking to media outsid...

Aurangzeb expects central bank reserves to be $9-10bn by FY24-end

Islamabad: Minister for Finance and Revenue Muhammad Aurangzeb said that he expected foreign exchange reserves held by State Bank of Pakistan to close this fiscal year at arou...
Need Help? Chat with us