King Mohammed VI, Ethiopian President Chair Signing of Seven Agreements
PERSISMA, Addis Ababa- King Mohammed VI and President of the Federal Democratic Republic of Ethiopia, HE Mulatu Teshome, chaired, Saturday at the National Palace in Addis Ababa, the signing ceremony of seven Public/Public bilateral agreements.
The agreements, which are meant to promote South/South partnership, provide an expanded and operational legal framework for structuring fruitful collaboration between the governments of both countries.
They cover several areas, namely air services, tax cooperation, investment protection, agriculture and renewable energy.
The first agreement is a memorandum of understanding on economic, scientific, technical and cultural cooperation.
The second agreement concerns air services.
The third agreement is a memorandum of understanding on trade promotion.
The fourth agreement seeks to avoid double taxation and prevent tax evasion with respect to taxes on income.
The fifth is an agreement on the promotion and reciprocal protection of investments.
The sixth is an agreement on cooperation in the field of agriculture, while the seventh is a draft cooperation agreement in the field of renewable energies.
The signing ceremony took place in the presence of members of the official delegation accompanying the King, several members of the Ethiopian government, and economic operators from both countries.
At the end of the ceremony, the King signed the Guest Book of the National Palace of Ethiopia.
