Addis Ababa January 27/2013 Ethiopia and Portugal here Saturday signed bilateral agreement to work in collaboration in the economic sector and people-to-people ties.
Foreign Affairs State Minister Ambassador Berhane Gebre-Christos and Foreign Affairs Minister of Portugal Paulo Portas signed the agreement.
On the occasion Ambassador Berhane said that Ethiopia is desirous to work together with Portugal in the political, economic and people-to-people relations.
Ambassador Berhane said Ethiopia is a country with various investment alternatives and Portuguese investors can engage in various sectors here.
He stressed the need to lift double taxation and encourage investment between the two countries.
Active participation of Ethiopia in the African Union will help Portugal to further strengthen relation with African countries, Ambassador Berhane said.
Minister Portas on his part expressed Portugal's desire to further boost existing longstanding diplomatic relation with Ethiopia in particular in the political, economic and culture sectors.
The Minister said efforts will be exerted to enable Portuguese investors engage in renewable energy and mine development in Ethiopia.
Similarly, Foreign Affairs Minister Dr. Tedros Adhanom held talks with his Japanese counterpart Masaji Matsuyama.
The ministers discussed on ways to further enhance existing ties in trade, industry, infrastructure development and food security between the two countries.
The Japanese Minister on the occasion said that his country is desirous to work with Ethiopia in the efforts to fight against terrorism.