Ethiopia and India aiming to strengthen its ties on Thursday signed various partnership agreements, which were signed in Ethiopia’s capital Addis Ababa by visiting Indian President Ram Nath Kovind and Ethiopian President Mulatu Teshome, includes agreements in textile and garment sector.
Over 584 Indian companies have invested over 2 billion U.S. dollars in Ethiopia’s various areas, including textile and garments, education, technology, among other sectors.
Kovind, who is the first Indian president to visit Ethiopia in over 45 years, discussed various bilateral and multilateral issues with senior Ethiopian government officials and met the Indian community in Ethiopia.
A 30-member Indian business delegation comprising of representatives from different industries has also accompanied the visiting Indian president to Ethiopia.
According to the Ethiopian Ministry of Foreign Affairs, the trade and economic relation between the two countries has witnessed an increase during the past years and the opening of Indian Export Import (EXIM) Bank East African branch in Addis Ababa back in 2010 has further propelled investment conditions for Indian investors to invest in Ethiopia.
Researchers have created an innovative nanofibre patch that aims to simplify and improve the treatment of psoriasis, a common skin…
Clothing 2.0 has teamed up with The Marena Group LLC, a leader in medical-grade compression garments to transform the recovery…
Polartec has enhanced its Power Shield range, as it continues to replace petroleum-based materials with renewable alternatives while improving fabric…
Biomaterial company, Uncaged Innovations, has collaborated with ten independent fashion brands to launch Elevate, a new eco-friendly luxury leather alternative.
Rudolf introduced the Digital Pigment Printing Toolbox, a package of pre-treatment products to improve the quality and sustainability of pigment…
Aquafil Group, the innovator behind ECONYL regenerated nylon, has launched the ECONYL Bespoke Collection that mimic the aesthetics of natural…