The Ethio-Kenya Business Forum was held on Tuesday (March 11) in Addis Ababa. A 28 strong Kenyan business delegation led by President Uhuru Kenyatta met with Ethiopian business representatives from various sectors including tourism and agriculture.
In his opening remarks, Sisay Gemechu, State Minister of Industry pointed out that as Ethiopia and Kenya were pursuing similar development paths, it was high time that they strengthened their trade ties. Eliayas Geneti, President of Addis Ababa Chamber and Sectoral Association noted that despite the long historic relationship between Ethiopia and Kenya, trade and economic relations were not strong, adding that Ethiopia's exports to Kenya in the year 2013 had reached "no more than an unimpressive 11 million US dollars".
He expressed his hope that the efforts of the two countries to integrate infrastructure especially through roads, energy transmission and port services would have an impact in improving the trade volume. An agreement was signed between the Ethiopian Chamber of Commerce and its Kenyan Counterpart.