Cabinet approves trade Agreement between India and Ethiopia for strengthening and promoting trade and economic cooperation

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for the trade Agreement between India and Ethiopia for strengthening and promoting trade and economic co-operation. The trade Agreement was signed on 5th October, 2017 during the State visit of the President of India to Ethiopia from 4th to 6th October, 2017.

The trade Agreement will replace the existing trade Agreement signed in 1982. The trade Agreement will provide for all necessary measures to encourage trade, economic cooperation, investment and technical co-operation.