is now among the top three foreign investors in Ethiopia," Kovind said while addressing the India-Ethiopia Business Dialogue to commemorate the 12th anniversary of the Business Forum here. "Indian in Ethiopia have had a significant presence in manufacturing and value addition to local resources. Kovind said that India's relationship with Ethiopia is symbolic of its engagement with the African continent, "of which Addis Ababa is such a vital hub". President Kovind congratulated the Indian Business Forum for playing a lead role in encouraging Indian investment and promoting trade and commerce between and Ethiopia. Earlier on Thursday, President Kovind held delegation-level talks with his Ethiopian counterpart Mulatu Teshome following which two bilateral agreements were signed on bilateral trade facilitation and on information communication and the media sector.

Source: Ethiopian News October 05, 2017 15:56 UTC