Wednesday, April 15, 2015

Ethiopia Keen to Expand Africa-Japan Industrial Cooperation

Ambassador Berhane Gebre-Christos, State Minister for Foreign Affairs, meeting a delegation of the Japan External Trade Organization (JETRO) headed by Hiroyuki Nemoto, Director-General for Overseas Planning Department of JETRO on Tuesday (April 14), reiterated Ethiopia's firm commitment to build and promote cooperation between Japan and Africa in industrialization.
Ambassador Berhane, underlining historic ties with Japan, emphasized it was a country Ethiopia valued highly and was ready to pursue shared benefits. He noted that Ethiopia has made huge headway in socio-economic development coupled with encouraging FDI inflows and an improved investment landscape. He said it was time for Japanese companies to invest in Ethiopia, and become part of the impetus for the resurgent Ethiopia, not least in area of establishing industrial zones. Ambassador Berhane, pointing out that Ethiopia was implementing Japan's Kaizen Management Principles in order to enhance productivity and quality, expressed his hope that the engagement of Japanese companies would encourage Ethiopia's developmental agenda.
Director-General Hiroyuki Nemoto stressed JETRO was keen to work with the Government of Ethiopia and emphasized that JETRO'S extensive experience in attracting Japanese companies to industrial zones in countries like Bangladesh, Myanmar and India would help support Ethiopia's industrial development policy. He noted that JETRO was intending to be a promoter of two-way trade between Africa and Japan and said it would support African infrastructure development, local industries and human resource development. JETRO is a Japanese government linked organization focusing on promotion of trade and investment between Japan and the rest of the world.

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