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Ethiopia: 20th Addis Chamber International Trade Fair OpensMonday, February 29, 2016 > 11:05:45
(All Africa By Daniel Beyene)
The 20th edition of Addis Chamber International Trade Fair that was opened yesterday in the presence of ambassadors and members of the diplomatic community as well as representatives of various local and foreign firms.
Officially opening the Fair, Trade Minister Yacob Yala noted that such international trade fair would open up opportunities for local manufactures and traders to eneter into joint venture business with internationally known companies. It as well creates a platform for promoting one's business activity with a view to becoming a competitive firm in the world at micro and macro levels.
The Minister also said that Ethiopia's full accession to COMESA Free Trade Zone is on the way and local firms need to be competitive in producing and providing quality products and services at regional and international levels.
Addis Ababa Chamber of Commerce and Sectoral Associations President Elias Geneti on his part said that over last two decades, this international trade fair has been staged at the Addis Ababa Exhibition Centre that does not meet world class standard " But, in near future, the Chamber and Addis Ababa City Administration would build Addis-Africa Exhibition and Convention Centre at CMC area as the preparations to commence such grand project have already been finalized," he added.
Some 200 firms have displayed their products at the trade fair which would remain open until March 2, 2016.