Premier dubbed Ethiopia’s US-Africa Summit participation successful

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Addis Ababa, 12 August 2014 (WIC) - Prime Minister Hailemariam Dessalgn said that Ethiopia’s participation in the US Africa leaders’ summit has been successful and fruitful.

According to Hailemariam, Ethiopia’s best experiences in ensuring food security, agricultural productivity and peace & security have been shared with participants at the gathering.

The country was given first chance to speak at the summit as a result of its achievements, he noted.

One part of the summit was the US Africa business forum which made Ethiopian officials meet owners of high profile US business firms.

Hailemariam said 10 of the participants expressed their interest to him to invest in Ethiopia.

The gathering, therefore, created an opportunity to find ways of scaling up the cooperation, he noted.

The prime minister underlined that the Ethiopian Investment Agency will be upgraded to a commission level to increase its capacity.

The commission which will be led by a board, chaired by the prime minister, will further strengthen government’s efforts in supporting Foreign Direct Investment (FDI).

The US-Africa Leaders’ Summit  took ‘investing in the youth” as its theme which the continent at large and Ethiopia in particular have given due focus for better Africa.

The US- Africa leaders’ Summit, the first in its kind, was held from August 4 to 6 in Washington D.C, the United States.  (ERTA)