Ethiopia, UAE Enjoying Model Partnership, Says Ambassador Jemal

Abu dhabi: Ethiopia and the United Arab Emirates (UAE) have forged ideal diplomatic relations that transcend generations, Jemal Beker, Ethiopia's Ambassador to the UAE, said. Since 2018, Ethiopia and the UAE have built a multifaceted, strategic alliance grounded in mutual trust, including solid collaborations in renewable energy and technology.According to Ethiopian News Agency, Ambassador Jemal noted that Ethiopia is undergoing deep reforms led by the reformist government. He highlighted that Ethiopia has established an ideal diplomatic relationship with the UAE after Prime Minister Abiy Ahmed's government took office. Commending the strong relationship between the leaders of the two countries, the Ambassador emphasized the need for this relationship to further evolve down to the institutions, to the people, and to become intergenerational.With regard to the economy, Ambassador Jemal stated that Ethiopia has been undertaking reforms that have opened new opportunities not only to the UAE but also to other foreign businesses seeking opportunities in Ethiopia. He elaborated on Ethiopia's strategic location, explaining that 'within eight hours of flight, we can reach more than half of the global population. (And) this is an amazing geographical location.'Ethiopia, the second most populous nation on the continent, boasts a young, easily trainable population, with 70 percent of its people falling into this category. The country provides cheap, clean, and green energy supported by the government's readiness to accommodate and welcome all investors. Consequently, Ethiopia is becoming a global investment destination, one of the biggest economies in Africa, and the fastest growing economy in the world, the Ambassador noted.Ambassador Jemal pointed out that Ethiopia's business environment is becoming more favorable for investors as the country has made significant strides in ease of doing business and fostering one-stop service. He called on investors, including those from the UAE, to invest in Ethiopia in priority areas such as agriculture and agro-processing, manufacturing, mining, and technology. He also encouraged investment in tourism, the hospitality sector, urban development, and real estate.The relationship between Ethiopia and the UAE has evolved into a comprehensive and strategic partnership anchored in diplomatic solidarity.