Ambassadors of different countries to Ethiopia said the Ethiopia’s ongoing reforms would help create favorable conditions which will lure more investors to the country. According to Anuraga Srivastava, Indian ambassador to Ethiopia, Indian investors are showing a lot of interest to invest in Ethiopia after the country’s current economic reform. He said more Indian investors are considering various investment sectors, including food processing, plastic, leather and garment. The Ambassador noted that India “would like to participate in the economic reforms as we are a close economic and political partner of Ethiopia. Actually, we think opening up Ethiopia’s economy will help attract more investors to Ethiopia.”According to the Korean Ambassador to Ethiopia, Lim Hoon-min, the Korean government supports Ethiopia’s major reforms, including the opening up of its economy.

Source: Ethiopian News September 13, 2018 12:22 UTC