BRICS expansion allows Ethiopia to deepen economic cooperation with emerging markets: Envoy - News Summed Up

BRICS expansion allows Ethiopia to deepen economic cooperation with emerging markets: Envoy


ISLAMABAD, OCT 6 /DNA/ – Ambassador Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia to Islamic Republic of Pakistan Jemal Beker Abdula has said that joining of his country to BRICS would deepen its economic cooperation with the emerging markets of the world. Addressing a round table discussion on “Expanding BRICS and the New Alignments”, the ambassador underscored that the BRICS expansion would be instrumental in Ethiopia’s ten-year development plan, aligning with the economic reforms initiated by Ethiopian Prime Minister Dr. Abiy Ahmed. Ambassador Jemal Beker emphasized that Ethiopia’s entry into BRICS would open new avenues for increased trade, foreign direct investment, and opportunities for technology transfer, knowledge sharing, and infrastructural development. He also underlined Ethiopia’s vital role in the African Union, stating that Ethiopia brings not only economic strength but also a deep understanding of regional dynamics to the group with its addition. “As the headquarters of the African Union, Ethiopia holds significant influence over regional affairs and aims to become a hub of connectivity and manufacturing in the African continent, offering BRICS a gateway to African markets,” the ambassador remarked.


Source: Ethiopian News October 06, 2023 12:30 UTC



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