In a friendly prelude to the upcoming US Africa Summit, the Fourth Ethiopian-US Business Form took place in the Texas city of Houston. Leading the delegation of Ethiopian businessmen was President Mulatu Teshome.
President Teshome stated that he believes an excellent business climate has been created not just for Americans, but for investors from other nations to invest in Ethiopia. He also mentioned the establishment of Industrial Zones in Ethiopia which makes it simpler for investors to launch businesses.
He also addressed the US announcement to open up a trade bureau in Ethiopia, which will be a great chance for the two countries to strengthen their business ties and interests.
Texas Senator Rodney Ellis said that export revenue has climbed from $39 million to $84 million in the years between 2005 and 2012. Ellis also thanked the government of Ethiopia for allowing their ancestor, Lucy, to visit Houston. (Lucy is a 3.2 million-year-old hominid fossil.)
A similar meeting is expected to also take place in Los Angeles, California.
Sorry, comments are closed for this post.