8 March 2014

Ethiopia: Israeli Companies Hold a Business-to-Business Seminar

Sixty Israeli companies in the sectors of agriculture, crop production, animal husbandry, green house, poultry, dairy and others conducted a business-to-business meeting here in Addis Ababa on March 7.

These companies arrived in Ethiopia led by the Israeli Agriculture and Rural Development Minister Yair Shamir.

During the seminar, Yair Shamir stated, "we are here to share our experience."

Shamir added that this business-to-business seminar would not only serve to further enhance the bilateral relationship between Ethiopia and Israel in the diplomatic aspect, but also be a great opportunity to build the capacity of Ethiopian counterparts in the fields of technology transfer and innovation.

Tefera Derbew, minister of Agriculture, on his part explains the countries potential in the agriculture sector, which encompasses horticulture and vegetable, fruits and herbs.

He also explains the potential the country possesses in the area of livestock, poultry and other agricultural sectors.

In this regard, he invites more Israeli companies to comes and invest in Ethiopia.

The business delegation that consists of various Israeli companies that play leading roles in agricultural research and development, aquaculture, agro industry, irrigation, fisheries, agro chemicals and large scale agriculture project integrators, which have contributed considerably to the increase of the Israelis yield.

The minister also met Ethiopian Foreign Minister Tedros Adhanom (Ph.D.) and discussed bilateral issues and plans to visit a flower farm owned by an Israeli. Currently there are more than 50 Israeli companies investing in various investment activities in Ethiopia.

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