Association keen to strengthen ties with Botswana business community
Addis Ababa, 19 February 2014 (WIC) - The Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) expressed readiness to strengthen trade and investment ties with Botswana business community.
AACCSA held discussion with representatives of Botswana Investment and Trade Centre (BITC) in which it acquainted them with investment opportunities in Ethiopia.
Speaking at a joint forum here yesterday, AACCSA Secretary General Getachew Regassa said it contributes its share to the effort to promote Intra-Africa trade. The Association is working to enhance business and investment ties with foreign companies through organizing business networking events and dispatching business missions to different African countries, he noted.
“During the last two years, the Association has hosted over 53 business-to-business meetings with companies from 25 countries, including Netherlands, Italy, USA, UK, Sweden and Kenya. I am very glad to see Botswana companies to join the list of our visitors.” he added.
Getachew said the two countries should capitalize on this opportunity to network and think of business relations that can yield long term mutual benefits. He also expressed AACCSA's commitment to back initiatives enhancing business and investment relations between the two countries.
Recalling the platform of cooperation signed between the two countries in 2012, Botswana Ambassador to Ethiopia Mmamosadinyana P.J Molefe reaffirmed her country's readiness to boost ties between the private sectors of the two countries. “Botswana recognizes the importance of the private sector as an engine of development. Strengthening relations among the private sector enables to expand intra-Africa trade exchange and draw from one another,” she said.
The delegation is expected to visit the leather fair and the Ethiopian trade fair to be held here and the Agricultural Transformation Agency and the Ethiopian Leather Development Institute in the coming few days.
It is also scheduled to visit the Federal Micro and Small-scale Enterprises.(EH)
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