Foreign Minister Dr.Tedros Adhanom, delivered a speech at Foreign Minister's meeting of the Elysee Summot on Peace and Security on 5th of November 2013 in Paris. The Foreign Ministers Meeting was attended by France's Foreign Minister Laurent Fabius, and foreign ministers and Ambassadors drawn from fifty three African countries in a closed session.
The Elysee Summit which was hosted by President of Francois Hollande was called to discuss on three themes: Peace and Security, Economic Partnership and Climate Change. A day before the Summit, Foreign Ministers met at the Ministerial Conference Center. Foreign Minister Dr. Tedros Adhanom emphasized the importance of strengthening the African Union Peace and Security Architecture (APSA).
Referring to encouraging efforts by the AU in prevention and management of conflicts, he said "We in Africa have time and again demonstrated our readiness and commitment to take charge of our own issues and deal with them." He noted the need to forge strong partnership between Africa and France for full operationalization of APSA in particular in the area of financial support. With regard to economic partnership, Dr.Tedros hailed France's commitment to enhance its partnership with Africa. Citing the recently completed Ashegoda wind farm in Ethiopia, Tigray regional state, with more than 212 million dollars support from French Development Agency, Dr. Tedros underlined the existence of untapped opportunities for France in energy market of Africa. He said in Ethiopia alone, the 25 year power sector expansion master plan envisages in concrete terms the development of 37 thousand megawatt renewable energy.
This he said includes national and regional network expansion schemes for the benefit of Ethiopia and the region. Dr.Tedros added that "The execution of this plan clearly indicated about 150 billion US dollar market size, a good part of which could be harnessed within the framework of French-Africa partnership." He went on to express his hope that the coming years and decades will witness increased flow of trade and investment between France and Africa.
He urged for more French investment in Africa, underlining the fact that many African states are members of the Multilaterla Investment Guarantee Agency and bilateral investment protection treaties obviate investment risks significantly. Speaking of climate change, Dr.Tedros expressed hopes that France will play vital role in reaching a fair and binding agreement in 2015. In a press conference held following the closed session meeting, France's foreign Minister Laurent Fabius paid tribute to Nelson Mandela. He said Mandela was "a charismatic giant. "