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Canada and Ethiopia to strengthen trade ties

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Home Africa

Canada and Ethiopia to strengthen trade ties

by Nigerian Canadian Newspaper Canada
March 15, 2024
in Africa, Canadian News
242 18
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Canada and Ethiopia to strengthen trade ties

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In a major move to improve economic cooperation, Canada and Ethiopia have embarked on a journey to foster their trade and investment relations.

The discussions, which was led by Ethiopian Foreign Minister Taye Atske-Selassie and Canadian Parliamentary Secretary Robert Oliphant. It sets a new course for the future of bilateral ties between both countries.

Both countries have shown a mutual interest in expanding cooperation across many sectors, including digital technology, mining, energy, and manufacturing, commemorating a pivotal moment in their diplomatic relations.

The meeting between Canadian and Ethiopian authorities was not just a normal diplomatic engagement but a strategic discussion aimed at crafting a robust collaboration for the future. During the meeting, Oliphant underscored Ethiopia’s significant role as a key African partner within the foreign relations strategy of Canada, highlighting the importance of Ethiopia in Canada’s plan to deepen its ties with Africa. The emphasis on sectors like digital technology, mining, energy, and manufacturing underscores a shared vision for a diversified and sustainable economic collaboration.

Apart from trade and investment, the discussions covered a wide spectrum of regional, continental, and global issues of mutual significance. This reflects the comprehensive nature of the Canada-Ethiopia partnership, which transcends mere economic interests and includes peace and security, gender equality, and the rules-based international order.

The two countries reiterated their commitment to tackling global challenges together, leveraging their diplomatic and economic strengths to develop shared interests on the international stage.

As part of his visit, Oliphant’s engagement with officials from the African Union Commission testifies to Canada’s broader strategy to deepen its ties with Africa. This move is in tune with the meeting’s overarching theme of forging stronger bilateral and continental relations, with great focus on partnership efforts in peace and security, and gender equality.

This meeting signifies a step forward in Canada’s commitment to working closely with African countries, recognizing the strategic importance of the continent in global affairs.

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