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Israeli President Hails Ethiopia as Key African Partner Following High-Level Talks

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President Isaac Herzog affirmed that Ethiopia remains an exceptionally significant nation on the African continent and a cherished, partner for the State of Israel.

Following high-level talks with Prime Minister Abiy Ahmed in Addis Ababa, President Herzog described their discussions as “excellent” in a message posted on his official X account, underscoring the depth and vitality of bilateral relations.

President Isaac Herzog noted that the historic ties between the two nations are rooted in decades of cooperation and carry significant promise for the future.

“Ethiopia is a very important nation on the African continent and has been a key partner of the State of Israel for decades,” he remarked.

He emphasized Israel’s commitment to expanding its diplomatic and economic engagement across Africa, with Ethiopia serving as a cornerstone of that outreach.

According to the president, the relationship between Israel and Ethiopia “has huge potential” for further growth.

During his discussion with PM, they explored strategic avenues to strengthen cooperation in key sectors, including innovation, science, technology, agriculture, food security, water, and energy. (ENA)

Prime Minister Abiy Confers with President Ilham Aliyev of Azerbaijan

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Prime Minister Abiy Ahmed held talks with President Ilham Aliyev during his official visit to Azerbaijan, aimed at further strengthening bilateral relations between the two countries.

Ahead of the meeting, the Prime Minister participated in a wreath-laying ceremony at the Alley of Honor and the Victory Monument in Baku.

The ceremony paid tribute to national heroes and symbolized the resilience and unity of the Azerbaijani people. (ENA)

Ethiopian Customs Commission Fully Digitalized

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The Ethiopian Customs Commission (ECC) has fully digitalized its services in order to provide fast and modern services for customers, particularly for importers and exporters.

In exclusive interview with ENA, Ethiopian Customs Commission (ECC) Deputy Commissioner Azezew Chane said the commission has been undertaking various measures to digitalize services since the introduction of the Digital Ethiopia 2025 strategy.

Digital economy is one of the main pillars of the economic sector in the Homegrown Economic Reform, he added.

Accordingly, the commission has established a digital system that enables importers and exporters to execute their activities online.

The Electronic Single Window (ESW system), which integrates more than 70 institutions, allows traders to submit all import/export related requirements in batch, playing a significant role in reducing process costs related with application, process delay and duplication of documents, the Deputy Commissioner noted. (ENA)

Federation of Saudi Chambers Announces the Formation of the Saudi-Ethiopian Business Council

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The Federation of Saudi Chambers announced the formation of the Saudi-Ethiopian Business Council, following the approval of the General Authority of Foreign Trade (GAFT), as well as the election of Abdullah bin Mohamed Al-Ajmi as chairman of the council, and Omar bin Abdullah Al-Kharashi and Misfer bin Musaed Al-Shahrani as vice presidents.
Al-Ajmi said that Ethiopia is one of the largest economic powers and markets in Africa, registering a GDP of about $205 billion in 2022. The establishment of the council aligns with the Kingdom’s directions to strengthen economic relations with African countries, and search for investment opportunities and new markets.
Al-Ajmi said that the volume of trade between the Kingdom and Ethiopia does not exceed SAR1.3 billion, adding that the council will serve Saudi exports and the targeted sectors in Ethiopia, which is propitious for investment and an essential outlet for trade with Central Africa.
The scope of cooperation covers promising sectors such as agriculture, metallurgical, petrochemical and food industries, tourism, real estate, and contracting. (SPA)