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Iran Seeks Enhanced Trade Relations with Ethiopia

Addis Ababa: Iran's Parliament Speaker Mohammad Baqer Qalibaf has emphasized the need to eliminate barriers to increase trade with Ethiopia during his official visit to the African nation. Leading an Iranian delegation, Qalibaf arrived in Addis Ababa to explore avenues for strengthening economic ties between the two countries.

According to Islamic Republic News Agency, Qalibaf conducted a meeting with Ethiopian-based businessmen to discuss potential collaborations. Highlighting the impact of international sanctions on Iran, he pointed out that Ethiopia presents a significant opportunity for economic development through the BRICS framework.

Throughout his visit, Qalibaf is expected to engage with high-level Ethiopian government officials to discuss strategies for enhancing both bilateral and multilateral cooperation. The relationship between Ethiopia and Iran spans various sectors such as trade, investment, tourism, and technology transfer.

The formal diplomatic relations between the two countries date back to 1950. This visit marks an important diplomatic initiative aimed at reinforcing the historical ties and expanding cooperative efforts between Iran and Ethiopia.