https://en.sputniknews.africa/20250131/russian-companies-are-exploring-possibility-of-localizing-their-production-in-ethiopia-1070447517.html
Russian Companies Are Exploring Possibility of Localizing Their Production in Ethiopia
Russian Companies Are Exploring Possibility of Localizing Their Production in Ethiopia
Sputnik Africa
Trade and economic ties between Russia and Ethiopia are governed by the 1999 Agreement on Economic, Scientific and Technical Cooperation and the Trade... 31.01.2025, Sputnik Africa
2025-01-31T17:59+0100
2025-01-31T17:59+0100
2025-01-31T17:59+0100
sub-saharan africa
ethiopia
russia-africa cooperation
east africa
production
economy
africa
russia
economic growth
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Russian companies from various fields are exploring the possibility of localizing their production in Ethiopia, including fertilizer production and car assembly, said Pavel Kalmychek, Director of the Department of Bilateral Cooperation at the Ministry of Economic Development.He added that joint Russian-Ethiopian projects, as well as the development of relations in other areas of cooperation, will be considered within the framework of the planned events of the Russian-Ethiopian intergovernmental commission on economic, scientific and technical cooperation and trade.
https://en.sputniknews.africa/20250129/ethiopia-plans-to-more-than-double-electricity-capacity-to-13000-mw-by-2028-president-taye-says-1070415971.html
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ethiopia, russia-africa cooperation, east africa, production, economy, africa, russia, economic growth, development, cooperation
ethiopia, russia-africa cooperation, east africa, production, economy, africa, russia, economic growth, development, cooperation
Russian Companies Are Exploring Possibility of Localizing Their Production in Ethiopia
Ekaterina Shilova
Writer / Editor
Trade and economic ties between Russia and Ethiopia are governed by the 1999 Agreement on Economic, Scientific and Technical Cooperation and the Trade Agreement. In 2021, bilateral trade reached $225.2 million, a significant 359.2% increase from 2020, according to the Federal Customs Service of Russia.
