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Ethiopia Aims To Augment Trade With Jamaica

Published on: Fri, 2013-11-29 00:00

Ms. Yodit Hylton, Ethiopia’s honorary consul to Jamaica, said on Tuesday that her country intended to increase trade ties with Jamaica using Ethio-Global Trade and Consulting Limited (EGTAC) as an instrument of cooperation between the two countries.

She said she would be promoting investment by bringing Jamaican companies to Ethiopia and other African countries.

China, Canada and the US are all trade partners of Jamaica and she stressed Africa as a new economic growth pole should intensify its relationship with the Jamaican business community and encourage investors to fill the economic gap.

She explained that Jamaican investors could invest in manufacturing and agro-processing industries in Ethiopia as the country provided incentives, cheap labor, and a good investment climate.

She said that the distance between the two countries was not an impediment, noting that “Ethiopian Shipping Lines goes all over the world….equipped with the relevant technology to make it possible.”

She said Jamaica could also share technology and successful experience with Ethiopia.

Jamaica has had deep-rooted ties with Ethiopia ever since the regime of Haile Selassie, with the Rastafarian Movement providing one of the major links between the two peoples.

Source: Ethiopian Radio and Television Agency(ERTA)

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