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Ethiopia entered into a trade agreement with Pakistan with a view to strengthening its relationship with the Asian country. This was revealed by Kassahun Gofe, State Minister of the Ministry of Trade and Regional Integration, Ethiopia
Ethiopia entered into a trade agreement with Pakistan with a view to strengthening its relationship with the Asian country. This was revealed by Kassahun Gofe, State Minister of the Ministry of Trade and Regional Integration, Ethiopia. He added that the signing of this trade agreement was a good platform to establish a joint trade committee meeting to carry out measures that would empower both countries to enhance economic partnership and overcome trade barriers.
The bilateral trade agreement allowed for the establishment of a joint trade committee and business council and will enable the two countries to join hands in the elimination of non-tariff barriers. Ethiopia will work towards ratifying the agreement within a short period of time, the minister said.
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Business ties between Ethiopia and Pakistan have been on the upswing in recent years. Ethiopia established its Embassy in Pakistan in 2022. Ethiopia and Pakistan have also agreed to strengthen their relationships in several sectors. Importantly, there is a direct flight between Addis Ababa and Karachi operated by Ethiopian Airlines, which started operations in December 2022.
