Ethiopia, Italy Reaffirm Commitment to Heighten Bilateral Ties

The Ethio-Italy Investment and Trade Forum, organized and facilitated by the Italian Ministry of Foreign Affairs and International Cooperation and its Embassy in Addis Ababa, the Italian Trade Agency (ICE) and the Ethiopian Embassy in Rome, was held in Milan on Monday (September 21). The objective of this successful meeting was to enhance business-to-business relations, improve mutual trade and investment and provide ample information to potential Italian investors. An Ethiopian delegation led by Foreign Minister, Dr. Tedros Adhanom, including more than a hundred official and private sector participants, attended the Forum.

The President of the Italian Trade Agency (ICE), Ricardo M. Monti, addressing the opening session of the Ethio- Italy Investment and Trade Forum, noted that Italy was determined to have strong relations with Ethiopia, a strong and stable country which was attracting significant FDI. The ICE President noted that Ethiopia and Italy shared longstanding relations, a bond which in his view had seen tremendous developments in the last few years. He said Ethiopia was one of the leading African countries in offering a conducive business environment. He pointed out that the Italian Trade Agency had opened its first trade office in Addis Ababa for this very reason.

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