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5 agreements signed between Egypt and Ethiopia - Daily News Egypt

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5 agreements signed between Egypt and Ethiopia

Targeted trade volume between both countries is over $5bn

5 agreements signed between Egypt and Ethiopia. (Photo  Ministry of Industry and Foreign Trade Handout)
5 agreements signed between Egypt and Ethiopia.
Ministry of Industry and Foreign Trade Handout)

Five agreements and memorandum of understandings (MoU) were signed between Egypt and Ethiopia on Monday, encouraging diplomatic, trade and health cooperation.

A trade agreement was signed between the Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour and his Ethiopian counterpart.  One of the signed MoUs outlines diplomatic cooperation between the two countries.

The remaining MoUs were signed between the Egyptian and Ethiopian ministers of health and ministers of education.  The two countries have also agreed to cooperate on women affairs.

On Sunday, Abdel Nour said that a potential Egyptian-Ethiopian industrial zone is being studied.

The minister pointed out that the targeted trade volume between both countries is over $5bn, a relatively low figure considering the capabilities of both countries. Between 2004 and 2013, the volume of trade increased by 21%, edging up from $41m to $165m. He added that Egypt’s share of the trade is around 77.5%.

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  • Alula Shocking Egypt

    Colonization kicking in Ethiopia at the speed of light and at the burning desire of Egypt and at the burning betrayal of EPRDF. Ethiopian leader must be gathered and thrown into a hot furnace . I see now why people decided to put wood into Gadaffi’s anus. It was not because they were bad, it is because they were mad, angry, pissed off, frustrated. I would not mind doing that to Ethiopians leader now. I am angry, upset, disappointed, betrayed, sold, cheated, deceived, lied, conned, traded like objects… my people are sold, my land or my country sold, its resources sold for temporary monetary gain of few unfaithful self elected agents. May God burn Ethiopians leaders in hot furnace alive. There is one man above who sees everything on earth, if people think they can go away and live comfortable life by selling other people, they are heinous criminals and who will pay for it. Here we go, Egypt kicking in to colonize Ethiopia with no war. The bastards are selling the country that has been protected for Millennia by sacrifice. King Tedros shot himself than to be controlled by British. Emperor Yohannes gave his neck to Egypt to protect Ethiopia. Here we go the fly and the wicked generation selling the land for cash? Shame werada generation. Zemen woyane = Zemene warada generation, ugly and a cancer of Ethiopian society. This is a heinous national treason. Not only once, all along betrayal one after the other. This fly and worthless generation lobbied with Egypt to landlock the country and it continued to do all kind of anti Ethiopians agreements by printing its fingers everywhere in the name of Ethiopian people? The betrayal has no end, it continues an unbated. They say evilness has no end because evilness is like an ocean. Evil doers love to continue doing their evilness, injustice, betrayal, deceit, mischieveousness, … the credence, virtue is deceit, wickeness.They get drugged by deceit and it is like drug addiction. If you are evil you continue to do evilness with no stop. Ethiopians leaders are evil among the angelic people of Ethiopia.

    • mama

      shame on you Allula!!! You are barking as usual b/c of jealous of what has been doing in our mother land. You can’t even mention a single point to support your argument, only just barking like dog with no reason, you are indeed a big dog.

    • hasan

      Ethiopia owns Egypt’s lifeline, Nile. Thus, Egypt is forced to invest billions in Ethiopia in order to earn and maintain the trust and goodwill of Ethiopia from now on. In addition, Ethiopia will probably demand substantial annual payment for the Blue Nile water flowing to Egypt, since water trading is common internationally. Plus, Ethiopia spearheaded the Entebbe Nile Basin agreement cancelling all colonial water agreements which were favoring Egypt’s needs solely. And Ethiopia convinced Sudan and all Nile Basin countries to disengage in supporting Egypt in the Nile matters. In conclusion, Ethiopia humiliated, isolated checkmated Egypt politically and diplomatically. Egypt lost the Nile battle. And additionally, after suffering loss in it’s political battle against Ethiopia, Egypt is forced to invest billions into the economy of their enemy. What a defeat and humiliation on the so-called leader of Arab world. The Ethiopian government are masters of politics and diplomacy warfare.

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