Ambassador Dr. Jemal said the Government of Ethiopia has undertaken the Home Grown Economic Reforms which had shown promising results, addressing macro-economic imbalances, increasing productivity, creating ease of doing business and providing a conducive environment for attracting the foreign direct investment.
He said the capital city of Ethiopia — Addis Ababa –is a third diplomatic hub hosting a number of international conferences every year including the African Union Summit. “This shows the strategic importance of Ethiopia and safe and secure environment for the global citizens.”
He said Ethiopia offered a comparative advantage to the Pakistani investors in terms of strategic location, cheap, clean and green energy, skilled labour, and on top of that full-fledged support from the Government.
The TDAP Chief Executive highlighted the business and trade potential of Pakistan in different economic sectors including pharmaceutical, surgical, steel, aluminum, automotive, construction material, leather and leather products, and others.
He said the Government of Pakistan was committed to the Look Africa and Engage Africa policy and has been taking significant measures to strengthen bilateral relations with all the African countries including Ethiopia.
He acknowledged the growing economic relations between the two countries and assured the Ambassador that all possible steps would be taken to boost the bilateral trade between the two countries.
