Ethiopia desires more Indian investors: PM Hailemariam

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Addis Ababa, November 20, 2012 (WIC) - Prime Minister Hailemariam Desalegn held talks on Monday with a delegation of Indian Chamber of Commerce.

On the occasion, Hailemariam said Ethiopia is extending necessary support to increase participation of Indian investors in Ethiopia from the current $4.5 billion to $10 billion in the next three years.

According to an official of the Ministry of Foreign Affairs, Ethiopia wants the Indian investors to engage in agriculture, manufacturing and other sectors.

President of the Indian Chamber of Commerce, R V Kanoria who is also head of the delegation for his part said Indian investors are ready to invest in Ethiopia.

Meanwhile, Prime Minister Hailemariam same day held talks with Palestinian Minister of Foreign Affairs, Dr. Riyad Al Malki.

During the discussion, Hailemariam expressed Ethiopia's desire to find peaceful solution to the conflict between Palestine and Israel.

Hailemariam said Ethiopia supports ongoing efforts to bring about peace between Palestine and Israel.

The Palestinian Minister told journalists after the discussion that Palestine urges the international community to impose seize fire between Palestine and Israel.