Ethiopian ambassador presents investment, trade prospects to Pakistani businessmen

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Ethiopian ambassador presents investment, trade prospects to Pakistani businessmen

RAWALPINDI, NOV 14 /DNA/ – Ethiopian Ambassador, Jemal Beker Abdula, visited the Rawalpindi Chamber of Commerce and Industry (RCCI), engaging in discussions with RCCI President Usman Shaukat and other officials on enhancing trade and investment ties between Pakistan and Ethiopia.

During the meeting, President Usman Shaukat provided an overview of RCCI’s ongoing initiatives and highlighted Ethiopia’s potential as a valuable market for Pakistan’s non-traditional exports, particularly in pharmaceuticals, agri-foods, defense equipment, and IT services. He emphasized the importance of easing regulatory compliance to facilitate Pakistani industrialists in exploring Ethiopian markets. President Shaukat further remarked that RCCI will coordinate with the Ethiopian Embassy to arrange a trade delegation visit in March 2025, strengthening the RCCI’s active role in promoting Pakistan’s “Look Africa” policy. He noted that mutual trade delegations are essential for building networking opportunities and expanding trade cooperation between the two nations.

Addressing the meeting, Ethiopian Ambassador H.E. Dr. Jemal Beker Abdula, recognized Ethiopia as a strategic gateway to the African region, with significant potential to support Pakistan’s trade and export expansion across a regional market of 1.4 billion people. He encouraged Pakistani businesses to consider Ethiopia as a key partner, mentioning the country’s import needs in sectors such as pharmaceuticals, textiles, and construction materials. A presentation was also shared with attendees, showcasing various opportunities for trade and investment in Ethiopia.

The meeting was attended by RCCI Senior Vice President Khalid Farooq Qazi, Vice President Fahad Barlas, and several executive and chamber members, all affirming their commitment to fostering strong economic ties between Pakistan and Ethiopia.