The agreement between JETRO of Japan and EIC of Ethiopia would help further consolidate the trade and investment ties of the countries

By Wakuma Kudama (The Ethiopian Herald) |

The Ethiopian Investment Commission (EIC) and Japan External Trade Organization (JETRO) Wednesday signed a Memorandum of Understanding (MoU) that would help bolster the economic relations of the nations.

Signing the MoU, Commissioner Fistum Arega said that the agreement between the two organizations would help further consolidate the trade and investment ties of the countries.

According to him, since the highly expanding business opportunities in Ethiopia would be potential trade and investment areas available for the Japanese investors, JETRO would play a significant role in encouraging the investors to come to Ethiopia.

JETRO’s Addis Ababa Director General Takao Seki said that the Office would tirelessly promote the bilateral economic co-operation and Ethiopia’s investment opportunities; through organizing and disseminating an updated business information.

He added that JETRO will further contribute to enhancing business exchange between Ethiopia and Japan, in particular attracting Japanese companies to Ethiopia

Since Ethiopia is becoming the best destination for the foreign direct investment, JETRO promotes mutual trade and investment between Japan and Ethiopia as well as the rest of the world.

JETRO also provides information and support to foreign companies looking for successful entry and expansion in the Japanese market.

Source: The Ethiopian Herald
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