Ethiopia, Austria sign 28.5 million Euro cooperation accord
By Tesfa-alem Tekle
February 21, 2008 (ADDIS ABABA) — The governments of Austria and Ethiopia here on Thursday have signed a 28.5 million Euro bilateral cooperation accord for the Indicative Country Program 2008-2012. Statevrun Tv reports.
The fund will be used to rural development and food security in North Gondar Zone of the Amhara State, basic health services in the Somali region, and the protection of activities, among others .
Ethiopian State Minister of Finance and Economic Development Mekonen Manyazewal and Austrian State Secretary Dr. Hans Winkler signed the accord.
A senior official of the Ministry of Foreign Affairs, Tesfaye Yilema told journalists this is the third time for the two countries to sign such agreements.
The trade and Investment cooperation between the countries has been steadily growing since 2004. Some 22 Austrian investment projects with an aggregate capital of over 860 million birr have been launched here of which six projects have already gone operational, Tesfaye added.
(ST)