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Ethiopia: South Korea’s Exim Bank Eyes Investments

15 July 2011 No Comment

Source: Addis Fortune
July 12, 2011

The Exim Bank of South Korea has concluded an agreement with the Ministry of Finance and Economic Development (MoFED)in order to support Ethiopian agriculture, infrastructure and manufacturing investment sector.

The signing ceremony was held on Friday, July 8, 2011, at the Jubilee Palace, on Menilik II Avenue, in the presence of the South Korean President, Lee Myung-bak, and Prime Minister Meles Zenawi.

In addition, an agreement on scientific and technological cooperation has been concluded between the two governments, including two other economic cooperation accords.

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