Ethiopia is keen on deepening economic cooperation with Moscow, officials have said
Russian automakers are considering setting up an assembly plant in Ethiopia, according to Moscow’s Ambassador to Addis Ababa, Evgeny Terekhin.
He told the Izvestia business newspaper this week that such a possibility is currently being discussed.
The envoy highlighted that trade between Russia and African nations has been growing, with combined turnover reaching $18 billion in 2022.
African countries sell fruits, vegetables, tea, coffee, flowers, and precious woods to Russia, Terekhin explained.
“The lion’s share of Russian imports from Ethiopia is coffee, while more than half of Russia’s exports to the country in 2022 were wheat. In addition, Russia exports oil products and paper products to Ethiopia,” the diplomat noted.
Last week, Russian State Duma Chairman Vyacheslav Volodin held a meeting with Ethiopian House of Federation Speaker Agegnehu Teshager, where…
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