Ethiopia earned 855.422 million dollars the last year through exports of various products to neighbouring countries, the Foreign Ministry reported on 16 April. According to the Ministry, the government places particular emphasis on fostering economic ties with nations in the area, in tune with the strategy of the African Union to achieve free trade at the continent level.
In addition, the Foreign Ministry revealed that in recent years, companies in the region participated in 473 investment projects, in addition to creating job opportunities for 13,000 Ethiopians.
‘The country’s exports and imports are woven in the ports of Djibouti and Sudan. At this moment, relevant authorities are making efforts to set alternative enclaves,’ Ministry Spokesman Meles Alem said.
Alem pointed out that in this regard, greater exchanges are promoted in areas of infrastructure development, which means buildings, roads and railroads, as well as in the upturn in the tourism sector.
Ethiopia and its neighbours are linked through languages, cultures and borders, which can significantly enhance and contribute to the respective market, the official concluded.
