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The Russian Embassy in Ethiopia announced via social media this week that Russian automotive companies are exploring a market entry into Ethiopia. The embassy named UAZ and AvtoVAZ as being in talks to assess the business and investment climate.
Following the successful shipment of a batch of tractors from production lines in Russia, automakers UAZ and AvtoVAZ are eager to establish a wider footprint in Ethiopia, including potential local assembly ventures.
The Russian Embassy in Ethiopia announced via social media this week that Russian automotive companies are exploring a market entry into Ethiopia. The embassy named UAZ and AvtoVAZ as being in talks to assess the business and investment climate.
These companies are conducting a detailed evaluation of the local market. This includes studying business conditions, relevant legislation, the investment climate, and overall commercial opportunities.
The Ambassador confirmed that official negotiations between the two countries are ongoing, highlighting the automotive sector as one of the most promising areas for future bilateral economic cooperation.
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Meanwhile, the Ambassador also confirmed that mutual trade between Russia and Ethiopia more than doubled to USD 191 million in the first half of 2025, emphasizing that economic cooperation is an unconditional priority between the two nations.
