A 70-member delegation of businessmen and investors from Pakistan made a week-long visit to Ethiopia to review the business and investment opportunities in the Ethiopian markets.
The business delegation, led by Ibrahim Khalid Tawab, Honorary Counsel General of Ethiopia in Karachi, visited Ethiopia from 5 to 10 March to explore potential business opportunities and establish relationships with Ethiopian counterparts.
The delegation included industrialists from different sectors of the industry.
During the visit, they had the opportunity to meet with several high-ranking government officials, including the Deputy Prime Minister, Foreign Minister, Head of Investment Commission and Minister of State for Diplomatic Affairs.
These meetings allowed the delegation to learn more about the business environment in Ethiopia and explore potential collaborations between businesses in Pakistan and Ethiopia.
The delegation also had business-to-business and business-to-government meetings to explore potential collaborations and partnerships.
Meanwhile, Honorary Counsel General of Ethiopia said that Ethiopia was a large market in the African region with a population of 120 million, thus the total market of Pakistan and Africa was 350 million.
He said that Ethiopia was the hub of business and trade in the African region and there were great opportunities for mutual trade between the two countries in the future.
He said that both Africa is an untapped market and Ethiopia can be a gateway for Pakistan in Africa, which can be beneficial for our textile and pharmaceutical sector.
He said that there were great opportunities for Pakistani businessmen in cement and fertilizer in Ethiopia, besides great interest in Pakistani businessmen in this regard .—NNI
