Pak business delegation made week-long visit to Ethiopia.

ISLAMABAD -- A 70-member delegation of businessmen and investors from Pakistan made a week-long visit to Ethiopia to review the business and investment opportunities in the Ethiopian markets.

The business delegation, led by Ibrahim Khalid Tawab, Honorary Counsel General of Ethiopia in Karachi, visited Ethiopia from 5 to 10 March to explore potential business opportunities and establish relationships with Ethiopian counterparts.

The delegation included industrialists from different sectors of the industry. During the visit, they had the opportunity to meet with several high-ranking government officials, including the Deputy Prime Minister, Foreign Minister, Head of Investment Commission and Minister of State for Diplomatic Affairs.

These meetings allowed the delegation to learn more about the business environment in Ethiopia and explore potential collaborations between businesses in Pakistan and Ethiopia.

The delegation also had business-to-business and business-to-government meetings to explore potential collaborations and partnerships.

Meanwhile, Honorary Counsel General of Ethiopia said that Ethiopia was a large market in the African region with a population of 120 million, thus the total market of Pakistan and Africa was 350 million.

He said that Ethiopia was the hub of business and trade in the African region and there were great opportunities for mutual trade between the two countries in the future.

He said that both Africa is an untapped market and Ethiopia can be a gateway for Pakistan in Africa, which can be beneficial for our textile and pharmaceutical sector.

He said that there were great opportunities for Pakistani businessmen in cement and fertilizer in Ethiopia, besides great interest in Pakistani businessmen in this regard.

Ibrahim Tawab said that various sectors including textile, pharmaceutical, manufacturing, agriculture and food sector, packaging and paper industry and other major sectors participated in the delegation with us. He said that this was a large and high-powered delegation in the history of mutual trade and economic relations between Pakistan and Ethiopia, which will play its role in promoting the mutual trade relations between Ethiopia and Pakistan.

Ibrahim Khalid said that the delegation met with the Chief of Ethiopian Airlines, who announced that Ethiopian Airlines will be flying to Karachi very soon.

He said that this announcement is expected to improve connectivity and provide new opportunities for trade...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT