By Tesfa-Alem Tekle
January 8, 2012 (ADDIS ABABA) – A number of Sudanese firms and businessmen are taking part at a trade and bazaar in Ethiopia’s Amhara state.
The Bazzar is part of attempts to further bolster multilateral ties between the two east African neighbours.
Business communities from Ethiopia and Sudan frequently participate in one the other country’s trade shows during the past few years.
According to the official Ethiopia news agency, there are 150 firms including 40 Sudanese investors taking part in the event.
Addis Abbab hopes that the ongoing trade and bazaar in the historic Gondar town, which borders eastern Sudan, will enable the Sudanese business community to find opportunities to invest in Ethiopia.
According to organisers, the 11-day event is expected to attract over 200,000 people.
Last month, Ethiopia and Sudan held their 14th Border Development Commission Meeting in Amhara state of Bahir-dar town where the two sides reviewed their existing cooperation in trade, development, security and others.
The two countries said at the meeting that they were committed to implement past trade agreement and increase their cooperation.
The Border Development Commission meeting also brought agreement to prevent and control illegal trade the shared border.
The two east African neighbours have past agreements to work together on areas of social, economic, political, and cultural and also in maintaining border security among others.
Relations between the Ethiopia and Sudan has also seen a boost in infrastructure, development and investment sectors.