Addis Ababa September 25/2020(ENA) The long-standing relationship between Ethiopia and Japan is progressing in a variety of points, particularly with regard to financial cooperation, Japan’s Ambassador to Ethiopia mentioned.

Ambassador Matsunaga Daisuke instructed ENA that the financial cooperation and bilateral relations between Japan and Ethiopia have been  rising on occasion.

Ethiopia and Japan have spent 90 years of diplomatic relation, and it’s now getting stronger particularly on the financial entrance, he added.

The commerce change between the nations has proven constructive progress on the espresso sub-sector, based on the ambassador.

“We have concluded Japanese coffee supply chain; and one of our companies imported coffee at the highest price ever recorded. In fact, my home back in Japan is very close to that coffee shop. So we are very keen to import Ethiopian products.”  

The ambassador acknowledged that Japanese firms are additionally investing in Ethiopia’s hi-tech business that’s flourishing and rising.

“Also in the very advanced area, the motorcycle company Honda is now taking orders from Ethiopian venture capital that is developing a software. You might have heard about the taxi service called Uber. Honda is considering to develop motorcycle Uber type of taxi service and  to develop the software it ordered the creation of the software from an Ethiopia startup company,” he defined.

Ambassador Daisuke mentioned Japanese firms are very a lot keen on investing and serving to the hi-tech business to develop up and evolve on this nation.

“There are lots of resourceful young people here, and we want to encourage and nurture those people,” he added.

In accordance with him, Japan has not too long ago concluded meals help settlement to supply help to deprived folks negatively impacted by COVID-19 pandemic, flood and desert locust.

The meals help “covers poor people, particularly in rural areas. Over 70 metric tons of wheat will be provided for people suffering from food shortage through World Food Program.”

The 30-million-USD challenge is meant to meet the important meals wants of probably the most weak folks in Ethiopia by offering over 72,000 metric tons of wheat to 1.6 million individuals who undergo from desert locust, drought, flood, and COVID-19.

“So, we are doing a lot of good things together,” the ambassador underlined.

Daisuke added that Japan can be offering Ethiopia with medical tools, notably to help the nation’s battle in opposition to COVID-19 pandemic.

“This medical assistance includes cardiology equipment, respirators, and generators. We are providing the medical appliances in consultation with the ministries of Health and Finance,” he additional added.

Ethiopia and Japan established diplomatic relations after the signing of Treaty of Amity and Commerce in 1930.

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