Monday, March 05, 2012

East Africa: Kenya, Ethiopia to Sign Special Trade Pact

3/4/2012 Nairobi — Kenya and Ethiopia have agreed to enter into a special status trade arrangement that will eliminate the barriers faced by their respective business communities and increase trade between them.

Ethiopia's Prime Minister Meles Zenawi who was on a visit to Kenya said that the bilateral trade pact would address the specific challenges that hinder the growth of trade between the two states.

"We need a pact that addresses specific Kenyan and Ethiopian issues. We are not worried about the pact favouring either country. We are open to ideas on how to develop trade between the two countries," the premier said.

Ethiopian can not afford a prolonged war.

Ethiopian can not afford a prolonged war. Ethiopia as the poorest country in the world is dependent on aid. A prolonged war simply depletes ...