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Italy to Strengthen Ethiopia Trade, Investment Ties

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Tuesday, 15 December 2015

Italy to Strengthen Ethiopia Trade, Investment Ties

The launching of Trade Promotion Section of Italian Trade Agency would serve as an instrument to enhance and boost the relationships in various sectors. The Italian Economic Development Vice-Minister Carlo Calenda said that Italy would further strengthen investment ties with Ethiopia exploring various sectors such as textile, leather, agro-processing and automotive. Calenda was speaking at the opening of Trade Promotion Section at the Italian Embassy here yesterday. The Vice-Minister is leading a delegation comprising government officials and representatives of various companies. The Vice-Minister told journalists that the delegation is here to explore opportunities and invest in various sectors. Italy signed a Memorandum of Understanding with Ethiopian Textile Industry Development Institute to bring machinery to open a technical centre aimed at sharing Italian experiences to the sector.

Source: All Africa