Huston Forum Can Open New Chapter in Ethio-American Business Relationship: MoFA

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Addis Ababa, 31 July 2014 (WIC) - A forum that can open a new chapter in Ethio-American business and African-American business relationship in general is underway in the US, according to the Ministry of Foreign Affairs (MoFA).

Spokesperson of Ministry of Foreign Affairs, Ambassador Dina Mufti, told journalists that the forum kicked off today in Huston, Texas. The Ethiopian high-level delegation with more than 100 members is led by President Mulatu Teshome.

The delegation would explain the investment and trade opportunities that exist in Ethiopia to their counterparts attending the forum, he added.

According to the spokesperson, two days after the Ethio-American Business Forum will be held Afro-America Leaders' Conference. Some 50 African leaders will take part in the conference that will discuss US’ contribution to peace and security in Africa, as well as its participation in investment and trade.

The leaders will simultaneously discuss on the possibility of the extension of AGOA, it was indicated.

Meanwhile, a Tigrayan Diaspora Festival aimed at involving Tigray born persons living abroad in the development of the state will be held from July 31- August 6, 2014 in Mekelle, Tigray State, Ambassador Dina disclosed.

He said the festival will open an opportunity to the diaspora to engage in the socio-economic development of the state.

According to him, a symposium that discusses quality of health, quality of education, good governance, investment, and technology transfer will be held during the festival. (ENA)