You are here: Home » PTI Stories » National » News
Business Standard

Ethiopia seeks investment from Indian investors

Press Trust of India  |  Kolkata 

Ethiopia is seeking investments from Indian entrepreneurs with the assurance of a secured market access across countries in the EU, Far East and US.

Ambassador Extraordinary and Plenipoentiary of Ethiopia in India, Asfaw Dingamo today said is the second largest foreign investor with nearly 600 companies operating in the country, situated near the Horn of Africa, in sectors like pharmaceutical and manufacturing.



Addressing a session organised by here today, he said the Ethiopian mission in has arranged a visit of high-level Indian business delegation to that country in January 2017.

Ethiopia had set a target of achieving zero carbon emission level by 2025, he said adding that low levels of pollution was a great inducement for making further investments in the country.

With a politically stable regime the country was also having very low levels of crime, which was also a big attraction for foreign investors.

He said Indian investments would get secured market access to countries of COMESA and EU, besides Australia, Canada, the US and Japan under Generalised System of Preferences.

Ethiopian Airlines at present operates four flights daily from Mumbai and Delhi to Adis Ababa.

"We want to expand airlinks to other Indian cities as well", he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Ethiopia seeks investment from Indian investors

Ethiopia is seeking investments from Indian entrepreneurs with the assurance of a secured market access across countries in the EU, Far East and US. Ambassador Extraordinary and Plenipoentiary of Ethiopia in India, Asfaw Dingamo today said India is the second largest foreign investor with nearly 600 companies operating in the country, situated near the Horn of Africa, in sectors like pharmaceutical and manufacturing. Addressing a session organised by BCCI here today, he said the Ethiopian mission in India has arranged a visit of high-level Indian business delegation to that country in January 2017. Ethiopia had set a target of achieving zero carbon emission level by 2025, he said adding that low levels of pollution was a great inducement for making further investments in the country. With a politically stable regime the country was also having very low levels of crime, which was also a big attraction for foreign investors. He said Indian investments would ... Ethiopia is seeking investments from Indian entrepreneurs with the assurance of a secured market access across countries in the EU, Far East and US.

Ambassador Extraordinary and Plenipoentiary of Ethiopia in India, Asfaw Dingamo today said is the second largest foreign investor with nearly 600 companies operating in the country, situated near the Horn of Africa, in sectors like pharmaceutical and manufacturing.

Addressing a session organised by here today, he said the Ethiopian mission in has arranged a visit of high-level Indian business delegation to that country in January 2017.

Ethiopia had set a target of achieving zero carbon emission level by 2025, he said adding that low levels of pollution was a great inducement for making further investments in the country.

With a politically stable regime the country was also having very low levels of crime, which was also a big attraction for foreign investors.

He said Indian investments would get secured market access to countries of COMESA and EU, besides Australia, Canada, the US and Japan under Generalised System of Preferences.

Ethiopian Airlines at present operates four flights daily from Mumbai and Delhi to Adis Ababa.

"We want to expand airlinks to other Indian cities as well", he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Ethiopia seeks investment from Indian investors

Ethiopia is seeking investments from Indian entrepreneurs with the assurance of a secured market access across countries in the EU, Far East and US.

Ambassador Extraordinary and Plenipoentiary of Ethiopia in India, Asfaw Dingamo today said is the second largest foreign investor with nearly 600 companies operating in the country, situated near the Horn of Africa, in sectors like pharmaceutical and manufacturing.

Addressing a session organised by here today, he said the Ethiopian mission in has arranged a visit of high-level Indian business delegation to that country in January 2017.

Ethiopia had set a target of achieving zero carbon emission level by 2025, he said adding that low levels of pollution was a great inducement for making further investments in the country.

With a politically stable regime the country was also having very low levels of crime, which was also a big attraction for foreign investors.

He said Indian investments would get secured market access to countries of COMESA and EU, besides Australia, Canada, the US and Japan under Generalised System of Preferences.

Ethiopian Airlines at present operates four flights daily from Mumbai and Delhi to Adis Ababa.

"We want to expand airlinks to other Indian cities as well", he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard