KARACHI: Jemal Beker Abdula, ambassador of Ethiopia in Pakistan, outlined the incentives on the offer in Ethiopia for investors and specifically mentioned that it offers one of the cheapest electricity to the industry as compared to the entire world. Jemal Beker Abdula invited a multi-sectorial delegation under the leadership of FPCCI to Ethiopia to open the doors of cooperation between the two countries. Saquib Fayyaz Magoon, SVP FPCCI, highlighted that both the countries have signed Bilateral Trade Agreement in February 2023. Ibrahim Khalid Tawab, Chairman of Pakistan Ethiopia Business Council of FPCCI, emphasized that the Ethiopian Airlines commenced direct flight from Addis Ababa to Karachi in 2023; which sheds light on the growing people-to-people and B2B ties between the two countries. He informed that his business council is helping form an Ethiopian – Pakistan Fraternity under Green Legacy Initiative as a partnership between Government of Sindh and Ethiopian Embassy to enable the linkages and partnerships to address climate change challenges.

Source: Ethiopian News May 11, 2024 01:25 UTC