Summary of Donald Trump’s Impact on Global Trade Donald Trump’s return to power is poised to significantly influence global trade dynamics. His administration’s approach, particularly regarding tariffs, is expected to create substantial shifts in international trade relations. Tariff Policies and Economic ConsequencesTrump has indicated plans to implement extensive tariffs, including […]
Monthly Archives: January 2025
Addis Ababa, January 24, 2025 (FMC) – The government of Pakistan has vowed to facilitate its vast market opportunities to Ethiopian products with a bid to further strengthen economic cooperation between the two countries. Advancing bilateral ties through trade was the focus of discussion during a meeting between Ethiopia’s Minister […]
Addis Ababa, January 24, 2025 (FMC) – The Ethiopian Ministry of Tourism hosted a symposium to inform Japanese business leaders and investors about the abundant investment opportunities in Ethiopia’s tourism industry. During the event, Dr. Endegena Abebe, State Minister of Tourism, reaffirmed the Ethiopian Government’s dedication to advancing the tourism […]
Addis Ababa, January 23, 2025 (FMC) – Japanese companies are showing growing interest to explore business opportunities in Ethiopia and the recent Ethio-Japan Trade and Investment Symposium was useful in that regard, Ambassador Shibata Hironori said. The Japanese Ambassador said that the two countries have a very long relationship on […]
On the occasion, State Minister of Foreign Affairs Ambassador Mesganu Arga stated that the bilateral relation between Ethiopia and Japan is strong and historic, stressing the need to further enhance business and trade relations by leveraging mutual opportunities and increasing stakeholder participation. Ambassador Mesganu also called on Japanese business and […]
On the occasion, both dignitaries agreed on the importance of enhancing investment flows into Ethiopia’s special economic zones. The IPDC CEO mentioned the importance of working in cooperation with the institute to increase the flow of investment in the Ethiopian special economic zones run by corporation. Shoichi Kobayashi, on his […]
Addis Ababa, January 20, 2025 (FMC) – Commissioner Zeleke Temesgen (PhD), Commissioner of the Ethiopian Investment Commission (EIC), held a meeting today with representatives of Trafigura, the world’s second-largest private oil and metal trading Group. During the meeting, Commissioner Zeleke highlighted the significant investment opportunities available in Ethiopia that align […]
The International Monetary Fund (IMF) Executive Board has completed the second review of Ethiopia’s Extended Credit Facility (ECF), enabling the country to access approximately $248 million to support its balance of payments needs. This decision marks a significant milestone in Ethiopia’s economic reform journey, following the ECF’s approval in July […]
As the world grapples with economic uncertainties, Sub-Saharan Africa is poised for a modest recovery in 2025, according to the latest World Economic Outlook Update from the International Monetary Fund (IMF). The report, released on Friday January 17, highlights a projected growth rate of 4.2% for the region, indicating a […]
Addis Ababa, January 15, 2025 (FMC) – Zeleke Temesgen, Chief Commissioner of the Ethiopian Investment Commission, met with a high-level ministerial delegation from the Government of Azerbaijan at the his office today. The Azerbaijani delegation is comprised of senior officials from the Ministries of Foreign Affairs, Agriculture, and Economy, as […]
ddis Ababa, January 15, 2025 (FMC) – The Ministry of Trade and Regional Integration of Ethiopia (MoTRI) announced that the country is committed to increasing and expanding the bariety of the products it exports to Azerbaijan. Economic cooperation between the two countries was discussed during a meeting between Minister of […]
Addis Ababa, January 14, 2025 (FMC) – Minister of Foreign Affairs, Gedion Timothewos held discussions with Ms. Emilie Enger Mehl, Norwegian Justice Minister, today. On the occasion, Dr. Gedion noted that Norway is one of Ethiopia’s longstanding partners, emphasizing his country’s keenness to further elevate the existing bilateral ties. The […]