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By Shabbir Hussain
ISLAMABAD, Mar 14 (Diplomatic Star): A delegation of Islamabad Chamber of Commerce & Industry led by Ahsan Zafar Bakhtawari President, returned after a very successful and historic 5-days visit of Ethiopia where the delegation met with the country’s political leadership, businessmen, government officials and the local community.
The delegation was received at Addis Ababa Airport by Mrs. Birtukan Ayano, State Minister of Foreign Affairs of Ethiopia.
Major Breakthrough:Pakistani consortium firms committed 1billion USD investment in manufacturing, packaging, chemicals, pharmaceutical sectors & industrial zone of Ethiopia. MoUs have been signed with Investment Commission of Ethiopia.
🇵🇰 Trade Delegation to 🇪🇹 reaps fresh fruits pic.twitter.com/DXD9iFjdLE— Ambassador Jemal Beker (@JemalBeker1) March 13, 2023
The delegation attended the Pak- Ethiopia Business Forum, which was inaugurated by Deputy Prime Minister and Foreign Minister of Ethiopia Demeke Mekonnen. 70 delegates from Pakistan including ICCI delegation members were in attendance in the Business Forum.
The delegation also met with the Ethiopian Minister for Industry, Minister for Mines and Commissioner of Ethiopian Investment Commission besides visiting Ethiopian industrial parks.
Giving an overview of the visit, Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce & Industry said that the visit of Pakistani delegation would start a new chapter of bilateral cooperation between Pakistan and Ethiopia and boost business and investment relations between the two countries.
Ethiopia-Pakistan made history together as 80 members delegation from🇵🇰 wrapped up its 5 days visit successfully.
Among relevant stakeholders, consensus reached on establishment of 🇵🇰 industrial park, automotive assembling, textiles, pharma & chemical production plants in🇪🇹 pic.twitter.com/bQXQWtw0pQ— Ambassador Jemal Beker (@JemalBeker1) March 11, 2023
He said that Africa is a huge market of over 1.4 billion people and Pakistan has huge potential to promote trade and exports with Africa through
Ethiopia, which is a gateway for Africa. He said that Pakistan has made a Look Africa Policy, which has not as yet achieved its desired goals. He said that the visit of Pakistan’s business delegation to Ethiopia would make positive progress towards the objectives of Look Africa Policy.
He said that Pakistan’s two close friends Turkiye and China have made good investments in Ethiopia and Africa, which provides Pakistani investors better confidence to explore Ethiopia for business and investment opportunities.
He said that the Ethiopian airline, which is covering around 130 destinations of the world, is going to start direct flights with Pakistan in April that would further strengthen business relations between the two countries.
Ahsan Bakhtawari said that the delegation was very satisfied with their visit to Ethiopia and many of them have shown interest to invest in industrial parks, textiles, pharma & chemical production plants in Ethiopia. He lauded the Ethiopian Ambassador Jemal Bakr Abdula for mobilizing the business community of Pakistan for this visit. He also appreciated Pakistan’s Ambassador to Ethiopia Shozab Abbas for his full cooperation and support to the delegation in Ethiopia. He hoped that the historic visit of the Pakistani delegation would boost Pakistan-Ethiopia bilateral trade and economic relations and bring both countries event closer.
Today,🇵🇰 delegates concluded day with sightseeing stroll thru 🇪🇹 magnificent #UnityPark which gave them opportunity to learn about 🇪🇹 frm historical events, cultural values & natural gifts.
UnityPark, brainchild of PM H.E. @AbiyAhmedAli, represents unity of 🇪🇹 diversified society pic.twitter.com/tuDKMuQ32v— Ambassador Jemal Beker (@JemalBeker1) March 8, 2023
Mian Muhammad Idrees former President FPCCI, Engr. Muhammad Azhar ul Islam Zafar Vice President ICCI, Zafar Bakhtawari former President, Hamayun Kabir, Ibrahim Tawab Honorary Consul General of Ethiopia and others were in the Pakistani delegation.
Pakistani businessmen evinced keen interest in state of the art industrial parks of 🇪🇹 @EthiopiaIpdc during their visit to Bole Lemi and Kelinto parks. We assured them of govt's all-out support for doing Investment in 🇪🇹 & also guranteed full protection#Time_to_Invest_In_🇪🇹 pic.twitter.com/vmH5o36E52
— Ambassador Jemal Beker (@JemalBeker1) March 7, 2023