South Sudan, Ethiopia Forge Stronger Economic Ties

Addis Ababa: The Vice President of South Sudan and the Chair of the Infrastructure Cluster Gen. Taban Deng Gai officiated the South Sudan-Ethiopian Business and Investment Seminary, underscoring the deep-rooted relationship between the two countries.

In his opening remarks, Gen. Taban Deng stated that the relationship between South Sudan and Ethiopia dates back to ancient times, with Ethiopia being a steadfast supporter of the Republic of South Sudan.

“The Federal Democratic Republic of Ethiopia has always rendered unwavering support to the Republic of South Sudan, and we are truly grateful for this longstanding friendship,” the Vice President said.

The Vice President went on to highlight the vast opportunities and immense potential that the two sisterly nations have to offer.

He outlined several key areas of investment that present lucrative opportunities for investors, including oil and gas refinery, energy and power citing the potential to supply South Sudan with electricity from the Ethiopian Renaissa
nce Dam.

Roads and bridges as well as telecommunications, including fiber optic networks, air transport, tourism and hospitality, agriculture and railway infrastructure are the potential areas the two nations can cooperate.

“These are just a few of the many areas where we believe investors can thrive and contribute to the continued growth and development of our country,” the Vice President said.

He expressed confidence that this workshop will foster deeper collaboration, strengthen economic ties, and unlock the immense potential that exists between South Sudan and Ethiopia.

“I am confident that through this workshop, we will forge stronger economic ties and unlock the immense potential that exists between our two countries,” the Vice President concluded.

The South Sudan-Ethiopian Business and Investment Workshop is expected to attract leading investors and business leaders from both countries, paving the way for increased trade, investment, and economic cooperation between South Sudan and Ethiopia, accor
ding to Office of South Sudanese Vice President.

Source: Ethiopian News Agency