Forum Holds Regular Meeting to Discuss FDI Challenges (October 28, 2020)

The joint forum that was established to tackle challenges of Foreign Direct Investment in Ethiopia held its regular meeting today (October 28) in the premises of the Foreign Affairs of Ethiopia.

H.E. Gedu Andargachew, Minister of the Foreign Affairs of Ethiopia, and Ambassador Girma Biru, macroeconomic advisor to Prime Minister Abiy Ahmed led the discussion.

The meeting thoroughly discussed the challenges that foreign investors are facing in the country.

At the occasion, H.E. Lelise Neme, Commissioner of the Ethiopian Investment Commission (EIC) has tabled a paper regarding the overall investment situation in Ethiopia.

She touched upon the effects of the COVID-19 pandemic on investment activities in the country.

State Minister, H.E. Tsion Teklu has also presented some case studies on the challenges of doing business for foreign investors in Ethiopia.

The meeting ends charting out further engagements to better address bottlenecks to foreign investment in the country.

Representatives from various government agencies including, the Ministry of Mines and Petroleum, the Ministry of Agriculture, the Ministry of Revenue, the Ministry of Trade and Industry, the Ministry of Labor and Social Affairs, the Investment Commission, and senior officials from the National Bank have attended the meeting.