19th Addis Chamber Int’l Trade Fair opens

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Addis Ababa, 20 February 2015 (WIC) – The Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) said yesterday that the 19th Addis Chamber International Trade Fair would remain open with the theme: ‘Business Enabling Environment for Export Promotion’ here at the Addis Ababa Exhibition Centre February 19 – 25, 2015.

State Minister of Trade Ali Siraj said that this international event is vital platforms for companies to share experiences from their foreign counterparts, initiate business linkages and investment through joint venture arrangements.

The government of Ethiopia is committed to support companies’ endeavors to enhance their competitive positions through improving the business climate and eliminating policy and regulatory bottlenecks that adds cost of doing business to the private sector.

Less competitive firms in developing countries are forced to face competition from most efficient and competitive firms from all corners of the world. To this end, the government has institutionalized Public-Private Consultative Forums to engage the private sector with constructive consultation to address challenges facing business and investment in the country.

AACCSA Secretary General Getachew Regassa said on his part that the Chamber has been in service of the business community for more than 65 years through providing advocacy, business development and capacity building services, among others. One of the key roles of the Chamber is promoting trade and investment in the country using different instruments, he added.

Getachew said the objective of the trade fair is promoting trade and investment through creating venues for promotion of goods and services and facilitating buyer-seller relationships using internationally recognized instruments.

He also said that the 19th edition of ACITF attracted 164 foreign companies from 20 countries and more than 80 local companies to the trade fair.

Liaison Officer to Selet Hulling PLC Teklu Gebre-Hiwot and Sales and Marketing Head with Spectrum Scan PVT.LTD, Indian company, Anil Mathai said on their part that the trade fair exposes them to international competitions and provides good learning ground for their own industries. It is also essential for enhancing competitiveness at national, regional and international levels through networking with international businesses by undertaking mutually beneficial endeavors. (EH)


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