13 March 2018

Ethiopia: Japanes Pharmaceutical Company Exploring Investment Possibility in Ethiopia

A Japanese Pharmaceutical Company is considering manufacturing pharmaceutical products in Ethiopia.

Foreign Affairs State Minister, Aklilu Hailemichael held talks today with a delegation from the Japanese Rohto Pharmaceutical Company about realizing the company's aspiration.

Rohto Pharmaceutical Company Deputy General Manager and delegation head Shunhun Yan told journalists that they came to Ethiopia to explore opportunities in pharmaceutical and health sectors.

She added that the two sides discussed about the fertile grounds in Ethiopia to realize the plan, including the free trade access agreement that the country has signed with over 50 countries.

"We talked about free trade access with Ethiopia, like we have agreed with other countries. I believe that currently there are about 50 countries which have a free trade access agreement with Ethiopia," Yan said.

The State Minister has expressed Ethiopia's commitment to deliver the necessary support for the realization of the company's plan.

The delegation will visit Qilinto Industrial Park and meet State Minister of Health, it was learned.


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