Ethiopia has been doing its best to reduce poverty by creating enabling environment to attract foreign investment here thereby creating job opportunities, boosting exports and diversifying the economy.
This has made Ethiopia one of the preferred destinations of investment in the Horn of Africa as it has strengthened the already flourishing business and trade partnership with foreign and domestic private sectors.
At the opening ceremony of the workshop organized by the U.S. Commercial Service in Ethiopia with the cooperation of the Addis Ababa Chamber of Commerce yesterday, U.S. Ambassador Haslach said that the show of interest by 10 American companies to invest in Ethiopia in business and trade can be taken as a positive message. She also said that the recent visit to Ethiopia by President Barack Obama further created confidence among US business persons to come here and operate.