5 agreements signed between Egypt and Ethiopia

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Five agreements and memorandum of understandings (MoU) were signed between Egypt and Ethiopia on Monday, encouraging diplomatic, trade and health cooperation.
Egyptian-Ethiopian-Economic-Fourm
A trade agreement was signed between the Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour and his Ethiopian counterpart. One of the signed MoUs outlines diplomatic cooperation between the two countries.
The remaining MoUs were signed between the Egyptian and Ethiopian ministers of health and ministers of education. The two countries have also agreed to cooperate on women affairs.
On Sunday, Abdel Nour said that a potential Egyptian-Ethiopian industrial zone is being studied.
The minister pointed out that the targeted trade volume between both countries is over $5bn, a relatively low figure considering the capabilities of both countries. Between 2004 and 2013, the volume of trade increased by 21%, edging up from $41m to $165m. He added that Egypt’s share of the trade is around 77.5%.
Source:dailynewsegypt.com

0 Comments

  1. Egypt has been engaged in Ethiopian destruction since Haile Silassie region.
    Egypt was solely responsible for Eritrea to break from Ethiopia. E Afeworki & Meles Zenawi were puppet of Egyptians rulers. The only difference Meles understood the mischief Egyptian have been doing on Ethiopia since he came to power.
    The policy of Egypt is “LET ETHIOPIAN STARVE AND DIE OF LUCK OF WATER AND EGYPT FULLY USE ETHIOPIAN WATER.”
    After destroying Ethiopia for so long, now you are talking superficial friendship and business. Egypt is receiving hand out from USA, and oil rich countries every year. If Egypt is serious why not give 80% of the sedeka or hand out money they receive?
    Are Ethiopian negotiators bribed by Egyptian? ?????? Serious investigation needed. Why Egyptian allowed to 86% Abay water instead 0f 40% or 50%?
    The Observer

  2. This is totaly unaceptable by the Etiopian side. I guess that the Ethiopian regime is still saboting the people once again under the umberella of trade treaty.

  3. They are preparing to fight with us coz of Abay and now here they agreed confusion ?? Ethio..puppet govt must wake up…dont believe dem

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