Ethiopia-Turkey relations 'excellent': President Dr Mulatu
Addis Ababa, 18 December 2013 (WIC) - Ethiopian President Dr Mulatu Teshome has lauded his country's relations with Turkey in all domains, especially in the field of investment, reiterating his confidence that bilateral ties would develop further.
"Diplomatic, political and cultural ties – as well as business relations between the two countries – are excellent," President Dr Mulatu said in an exclusive interview with Anadolu Agency.
Dr Mulatu, who served as Ethiopian ambassador to Turkey for more than seven years, said that annual trade volumes between the two nations had surged to a current $400 million from only $30 million in 2006.
What's more, some 250 Turkish entrepreneurs are investing in different sectors of Ethiopia's economy, noted the president, which, he said, had served to create thousands of new job opportunities.
President Dr Mulatu stressed the need to further strengthen relations between the two countries and attract more investment in the textiles, food processing, leather and engineering fields.
Ethiopia, he added, enjoys a comparative advantage in terms of production, labor availability, energy and markets.
Dr Mulatu, who was elected president by Ethiopia's parliament on October 7, cited enormous economic potential for Turkish contractors in Ethiopia, which, he stressed, had very ambitious construction plans.
Modern diplomatic relations between Ethiopia and Turkey date back to 1910. (worldbulletin.net)
|< Prev||Next >|