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Belarus to resume tractor assembling in Ethiopia

Economy 15.10.2014 | 13:26
MINSK, 15 October (BelTA) – Belarus plans to resume the assembling of Belarusian tractors and other agricultural equipment in Ethiopia. The agreement was reached during the Belarusian-Ethiopian ministerial consultations at the level of the deputy foreign ministers, BelTA learnt from the press service of the Foreign Ministry of Belarus.

The consultations were held as part of the visit of Deputy Foreign Minister of Belarus Valentin Rybakov to Ethiopia. Valentin Rybakov and State Minister of Foreign Affairs of Ethiopia Berhane Gebre-Christos discussed the Belarusian-Ethiopian political dialogue, trade and economic cooperation. Special attention was attached to an exchange of visits and trade and economic cooperation prospects. The parties discussed instruments that can be used to enhance the efficiency of trade and economic cooperation. They also agreed to provide assistance to the intergovernmental commission on trade and economic cooperation, the organization of business forums and exchanging business delegations.

The parties considered an opportunity of using the Belarusian experience and know-how in the implementation of promising projects in the agricultural sector, the prospects for Belarusian companies to take part in the implementation of infrastructure projects in Ethiopia. The deputy ministers analyzed the current status of the legal framework of the Belarusian-Ethiopian cooperation and discussed necessary steps to expand it, including the preparation and signing of agreements on trade cooperation, mutual protection of investments, and cooperation in education.

Agreements were reached to intensify cooperation in the UN and other international organizations (the UN Human Rights Council, the ECOSOC, Non-Aligned Movement) and also to provide mutual support to the initiatives of Belarus and Ethiopia and their candidacies in these organizations. The Foreign Ministries will enhance Belarusian-Ethiopian contacts in the field of education and science.

The Ethiopian Chamber of Commerce held a business forum for representatives of the Belarusian and Ethiopian business communities. On behalf of Ethiopia, the event was attended by about 60 businessmen interested in developing business cooperation with Belarus. The Belarusian Embassy in Ethiopia held a presentation of the economic and export opportunities of Belarus, prospects for trade and economic cooperation with Belarus. A cooperation protocol was signed between the Belarusian Chamber of Commerce and Industry and the Ethiopian Chamber of Commerce.

The Belarusian delegation to Ethiopia comprises representatives of the Industry Ministry, MAZ, MTZ, and other Belarusian companies and organizations.

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