India, Ethiopia sign agreement to improve trade and economic co-operation

Chaired by Prime Minister Narendra Modi, the Union Cabinet on Wednesday gave an ex-post facto approval for trade agreement between India and Ethiopia.

According to the Ministry of Commerce & Industry, the trade agreement which was signed on Oct. 5, during the state visit of the President of India, Ram Nath Kovind, to Ethiopia will strengthen and promote trade and economic co-operation.

The trade agreement will provide for all necessary measures to encourage trade, economic cooperation, investment, and technical co-operation with Ethiopia.