Diplomacy
Ethiopia Urges Global Support for Structural Transformation at UNCTAD
Borkena · last week · Read the Full Story on Borkena
AI SUMMARY
Ethiopian delegates at the 73rd Session of the UNCTAD Trade and Development Board in Geneva called for expanded international cooperation and targeted development support to drive structural transformation and inclusive growth.
- Ethiopian delegates attended the 73rd Session of the UNCTAD Trade and Development Board in Geneva.
- Ambassador Negus Kebede represented the Ethiopian delegation and reaffirmed the country's commitment to multilateralism.
- The delegation welcomed the Geneva Consensus for a Just and Sustainable Economic Order.
- Ambassador Negus outlined progress achieved under Ethiopia's Home-Grown Economic Reform Agenda across state-owned enterprises, telecommunications, financial services, capital markets, and foreign exchange systems.
- Investments are expected to drive local value addition, domestic technology transfer, export diversification, and sustainable employment.
- The delegation highlighted the strategic role of the African Continental Free Trade Area (AfCFTA) and advanced progress on WTO accession.
- The Digital Ethiopia 2030 strategy was presented as a framework for expanding national digital infrastructure and ICT exports.
- Ethiopia outlined four priority areas for collaboration with UNCTAD: structural transformation and export diversification, investment policy facilitation, global trade integration, and digital trade development.
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