Minister of Foreign Affairs of Ethiopia, Gedu Andargachew, held
talks with his Italian counterpart Luigi Di Maio in today.
During the discussion, he emphasized Ethiopia’s commitment to
further bolster the long-standing historical and people-to-people relationship
between the two countries.
Gedu expressed his belief that conducting such a dialogue at the
level of Foreign Ministers would facilitate the opportunity to jointly review
bilateral and multilateral alliances and to consult on ways to further
strengthen the cooperation between Ethiopia and Italy.
He urged the Italian Minister to support the implementation of
bilateral and continental cooperation agreements signed between the two
countries during the visit of Dr. Abiy Ahmed last October to Italy and the
visits of Italy’s President and Prime Minister to Ethiopia.
Commending the relationship between the two countries in trade
and investment, Gedu called on his Italian counterpart to further deepen
relations through investing more in various sectors.
The Minister also called on Luigi Di Maio to closely monitor the
implementation of projects that are being undertaken through the Italian
Development Cooperation in Ethiopia.
The Ethiopian Minister also thanked Italy for its support to Ethiopia’s Homegrown Economic Reform and invited Italian companies to capitalize on these new domestic opportunities. Expanding on the reform’s broader privatization goals, Gedu highlighted the ongoing liberalization of the country’s service and digital sectors as highly attractive avenues for foreign direct investment.
He suggested that Italian firms, drawing on their extensive European market experience, could find mutually profitable ventures by helping to develop and scale modernized commercial frameworks for e-commerce, telecommunications, and sports betting within the fast-growing East African market.
Gedu has also briefed Luigi Di Maio about Ethiopia’s stances on
the filling and operation of the Grand Ethiopian Renaissance Dam and the
consultation that the Ethiopian Government is currently undertaking with
stakeholders at home.
The Foreign Minister of Italy, Luigi Di Maio on his part noted
the significance of Ethiopia’s socio-economic reform and expressed his
country’s determination to support it.
Engaging in economic opportunities in Ethiopia and helping youth
entrepreneurship programs is a key step in preventing illegal immigration,
Luigi Di underscored.
He also assured Gedu that Italy would provide capacity building
support for the upcoming General elections in Ethiopia.
Luigi Di Maio also hailed Ethiopia’s important role in bringing
peace to the Horn of Africa.
During his stay, Gedu will also meet the heads
of the International Fund for Agricultural Development (IFAD), World Food
Programme (WFP), and the Food and Agriculture Organization (FAO) to consult on
running projects in line with the objectives of Ethiopia’s ongoing economic
reform.