Ethiopia and EU agree to strengthen economic partnership

Ethiopia and the European Union have agreed to strengthen their strategic economic partnership during talks in Washington DC. State Minister of Finance Ahmed Shide met EU Commissioner for International Partnerships Josef Sikela on the sidelines of the 2026 IMF and World Bank Spring Meetings. The discussions aim to enhance economic cooperation and support Ethiopia's growth objectives.

Addis Ababa, May 12, 2018 (FMC) – State Minister of Finance Ahmed Shide held bilateral talks with EU Commissioner for International Partnerships Josef Sikela on the sidelines of the 2026 IMF and World Bank Spring Meetings in Washington DC.

The meeting focused on deepening the strategic ties between the two sides and charting new paths for economic collaboration. Key areas included supporting Ethiopia's economic reforms, enhancing the investment climate, and stabilizing reforms in the aviation sector, alongside cooperation on sustainable growth targets.

Both parties reaffirmed their commitment to revitalizing their longstanding partnership into tangible outcomes with significant economic benefits. According to the Ministry of Finance, this agreement elevates relations between Ethiopia and the EU to a higher level.

The partnership is expected to advance Ethiopia's broader economic development goals in practice.

Makala yanayohusiana

Ethiopia's Finance Minister Ahmed Shide met with Liu Yunfeng, deputy director general of China's International Development Cooperation Agency, in Addis Ababa. The discussion centered on advancing Ethiopia's development priorities through bilateral cooperation. Both nations agreed to expand ties in key sectors including infrastructure and health.

Imeripotiwa na AI

Ethiopia's Finance Minister Ahmed Shide has met with Ben Black, CEO of the US International Development Finance Corporation (DFC), in Addis Ababa. The meeting, held on the sidelines of the 2026 World Bank and IMF Spring Meetings, aimed to strengthen the strategic partnership between Ethiopia and the DFC. The two sides discussed cooperation in trade, economy, transport, and mining sectors.

Ethiopia's ongoing economic reforms are gaining momentum from increased investments by Chinese business owners, said China's ambassador Chen Hai. He highlighted the strengthening ties between the two nations during remarks in Addis Ababa.

Imeripotiwa na AI

UAE Minister of State for Foreign Affairs Sheikh Shakhbout bin Nahyan said the partnership between Ethiopia and the UAE is crucial for ensuring peace and stability in the region.

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