Addis Ababa March 07/2018 Ethiopia and United Arab Emirates (UAE) have signed a Memorandum of Understanding on political consultation which is aimed at deepening inclusive relations between the countries.
Foreign Affairs Minister Workneh Gebeyehu and his Emirati counterpart Sheikh Abdullah bin Zayed bin Sultan Al Nahyan signed the agreement today at the conclusion of a joint ministerial commission meeting.
Workneh said on the occasion, “We are delighted to host our brothers and sisters from UAE to this Second Joint Ministerial Commission Meeting.”
Ethiopia offers the right mix of opportunities for mutually beneficial partnership for investment and also provides disciplined and affordable labor force as well as abundant natural resources and the cheapest energy resource, he added.
According to him, the country is now among the top four investment destinations in the continent. “This I believe will attract UAE businesses to do business in Ethiopia.”
Since the establishment of the formal diplomatic relation between Ethiopia and United Arab Emirates in 1973, the countries have been witnessing a new dynamism and strengthening ties in various fields.
Workneh stated in this connection that the catalyst role played by the establishment of the office of Dubai Chamber of commerce in Ethiopia is a notable one.
The total investment of UAE in Ethiopia is close to 11 billion birr with 135 active projects running.
“We should redouble our effort to further enhance our engagement in trade, investment, tourism and people-to-people interaction with a view to deepening and solidifying our friendly relations and mutual cooperation,” the Minister underlined.
The trade volume between Ethiopia and United Arab Emirates reached 500 million USD in 2016.
UAE Foreign Minister Sheikh Abdullah bin Zayed bin Sultan Al Nahyan said his country wants the draft labor agreement, aviation and visa process under negotiations to get finalized soon.
The Joint Ministerial Commission was established in 2015 and the first ministerial commission was held in Abu Dhabi.
Addis Ababa March 07/2018 The Council of the Ethiopian People’s Revolutionary Democratic Front (EPRDF) will elect its chairperson in the upcoming week, Office of the Council said.
In his briefing to local journalists, Office Head, Shiferaw Shigute said the Council will meet to elect the chairperson following the conclusion of the Executive Committee’s meeting scheduled for Sunday, 11 March 2018.
During its deliberations the Executive Committee will evaluate the implementation by the member parties of the decisions made during its last meeting.
It is also expected to put directions after discussing on the reports of the four parties regarding the appraisals they conducted recently.
Shiferaw said that the meeting of the Executive Committee was delayed for the front has a profound stand on prioritizing the restoration of peace and stability which will be a prerequisite to respond to any of the public demands.
The EPRDF Council will immediately gather to elect the new chairperson as well as other vacant positions as per the by-laws of the front, following the conclusion of the Executive’s meeting.
The Council is also expected to decide on the postponement of the general assembly to August which should have been held on March.
In responding to whether there had been any difference among the four members of the front in declaring the state of emergency, Shiferaw said “there was no individual or party who voiced against the importance of the state of emergency.”
Noting that this is not the first time that the need for transitional government is raised, Shiferaw said “the country has a constitution and everything will be done in accordance to that.”