Ethiopia and India Forge Stronger Ties in Chemical Industry Sector

Addis Ababa – During a recent forum focused on the chemical industry, State Minister of Industry Hassen Mohammed emphasized the potential benefits of enhanced Ethiopian-Indian collaboration in this vital sector. The event aimed to connect Ethiopian and Indian chemical industry stakeholders, highlighting opportunities for partnership in manufacturing, trading, and investment.

According to Ethiopian News Agency, the forum was pivotal in laying the groundwork for future cooperation, underscoring Ethiopia’s emerging status as a key player in the chemical trade. The event addressed the diverse needs of Ethiopia’s chemical industry, which supports sectors ranging from food production to textiles. The State Minister highlighted the forum’s significance in fostering relationships that could lead to substantial growth and innovation in both countries’ manufacturing sectors.

Furthermore, the dialogue between Ethiopian and Indian participants aimed to balance the trade dynamics, particularly in favor of Ethiopian market interests. The growing engagement of Indian companies within Ethiopia, particularly in the chemical industry, reflects a broader trend of increasing economic collaboration between the two nations. With over 650 Indian firms registered in Ethiopia, the forum marked an important step in deepening these business and trade relationships, promising mutual benefits for both countries’ industrial landscapes.