Ethio American Chamber of Commerce and Addis Chamber Pledges to Harness Trade and Investment Opportunities

A team of delegation led by Ethio American Chamber of Commerce meets its counterpart Addis Chamber to enhance partnership and harness the business and investment opportunities in Ethiopia and US.

The delegation is warmly welcomed by Mr. Shibeshi B/Mariam, Secretary General of Addis Chamber.

In their discussion, the Secretary General highlighted about the historical journey of Addis Chamber that commences from the imperial regime to the current period further recounting its role to promote trade and investment in Ethiopia.

The Secretary General also briefed the team of Ethio American Chamber of Commerce concerning the different services provided by Addis Chamber that defends and protects the business interests of its members and private sector to thrive in Ethiopia.

While briefing the objective of the mission of the delegation, Mr.Elias Woldu, President of Ethio American Chamber of commerce and head of the delegation said that it intends to reinforce its network with Addis Chamber that embraces thousands of business members as well as to look for investment opportunities in Ethiopia by partnering with Addis Chamber.

“Partnership iscrucial for mutual benefit”, speaks Mr. Elias adding that it plays key role for facilitating trade and investment processes between the two countries.

In their discussion the team of Ethio American Chamber of Commerce expressed the need to share experience between the two chambers to serve the business communities in the respected countries.

The team of delegations also suggests for working in the areas of policy development and trade fairs.
While reflecting on the raised issues the Secretary General of Addis Chamber recalls the establishment of Diaspora Investment Service at Addis Chamber to promote and share business information for potential diaspora businesses to invest in Ethiopia.

He also calls for the two chambers to exchange business delegates in the future to harness trade and investment opportunities between Ethiopia and US.
The two chambers also agreed to enhance partnership and collaboration to undertake joint Business and Investment Forum to promote trade and investment between the two countries in the future.
The joint partnership and collaboration of the two chambers is expected to reinvigorate the trade and investment ties of US and Ethiopia.

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