Prime Minister of Ethiopia: "Expo 2020 Dubai" is an opportunity to learn from the successful experiences

The Prime Minister of Ethiopia, Dr. Abi Ahmed, has affirmed the strong relationship between the UAE and his country.

He said during his visit to the site, "Expo 2020 Dubai", yesterday: "Our two countries have a strong strategic partnership, and we are united in our vision for a prosperous future in Africa," noting that it will be for the "Emirates Consortium for Africa", which will support initiatives such as developing youth skills and transformation Digital, an important role in deepening this partnership and close links.

Regarding what "Expo 2020 Dubai" represents for the African continent, he said: "I believe that (Expo 2020 Dubai) will be an opportunity for all African countries to introduce the world to the extent of our progress, and it will show the magnitude of our potential."

He pointed out that his country's participation in "Expo 2020 Dubai" will provide an opportunity to draw lessons from successful development experiences, the most important of which is the experience of the UAE, pointing out that Ethiopia will contribute, through this global platform, to global dialogue aimed at finding solutions to the challenges facing us all.

The Prime Minister of Ethiopia, Dr. Abi Ahmed, visited the "Expo 2020 Dubai" website yesterday, and listened to the work team of the preparations and preparations for the establishment of the major international event. He also viewed the details of Ethiopia's pavilion, which will introduce millions of visitors from all over the world to the history of this ancient country, He sang his culture, diversity, and future aspirations of his children.

An exceptional opportunity

Reem Bint Ibrahim Al Hashemi, Minister of State for International Cooperation Affairs, Director General of the Expo 2020 Dubai office, said: “We were delighted to host the Prime Minister, Dr. Abi Ahmed, in (Expo 2020), and we look forward to a constructive Ethiopian participation because of the importance and weight it represents in the continent. African ».

And the holding of this global event, for the first time in the Middle East, Africa and South Asia, will be an exceptional opportunity for Ethiopia and Africa as a whole, to work with all countries of the world to create a better future, and the (Expo) will be a unique portal for countries, businesses and individuals in Africa that connect them with the world and allow them New perspectives ».

Origins and opportunities

Ethiopia's participation in the "Expo 2020 Dubai" carries the title "The Land of Assets and Opportunities", and aims to show the huge potential of the country and enhance its global position, and aspires to benefit from this global platform, and from the experience and rich experience of the countries participating in "Expo 2020 Dubai".

Ethiopia will showcase the opportunities it provides in a number of priority sectors, such as agricultural manufacturing, textiles and clothing, leather products, mining, information and communications technology, power generation and others. It will also highlight its cultural richness, its heritage, its arts, and its ethnic diversity.

Business relationships

The UAE has distinguished relations with Ethiopia, its strength stems from geographical proximity and commercial and historical ties. These relations have been strengthened in recent years to witness rapid developments with increased communication and economic cooperation, especially with the keenness of the leaderships of the two countries to consolidate and strengthen these relations at all levels.

According to the Ministry of Economy, the UAE accounts for 17% of Ethiopia's total exports to Arab countries, and 14% of Ethiopia's total imports from Arab countries.

The UAE also accounts for 15% of Ethiopia's total foreign trade with the Arab countries, and ranks third in the Arab world as the most important trading partner for Ethiopia, and comes in the third in the Arab world in terms of Ethiopia's exports to the Arab countries, and the fourth in the Arab world in terms of Ethiopia's imports from the Arab countries.

Non-oil trade between the UAE and Ethiopia was about $ 850 million in 2018, and the volume of UAE exports to Ethiopia increased by 46% compared to 2017.

Consortium for Africa

The visit of the Ethiopian Prime Minister, Dr. Abi Ahmed, comes after the announcement of the Minister of State for International Cooperation Affairs and Director General of the Office of Expo 2020 Dubai, Reem Bint Ibrahim Al Hashemi, finally, about the "Consortium for Africa" ​​initiative, which is an investment commitment worth $ 500 million. , Aims to contribute to achieving an accelerated development vision for a new, more connected and empowering Africa, led by youth.

The consortium will work to build human capital on the continent in the long run, giving priority in the current stage to digital transformation and youth, and will coordinate the commitment of the UAE government and its private sector towards Africa, and it will bring together the ambition of progress and resources that will support this ambition in one entity aimed at supporting Development and investment, which contributes to achieving a more optimistic future vision for Africa.

- Ethiopia's participation in "Expo 2020 Dubai" is titled "The Land of Assets and Opportunities."