UAE + Ethiopia ink a handful of MoUs to boost cooperation: UAE’s President Mohamed bin Zayed Al Nahyan and Ethiopian Prime Minister Abiy Ahmed witnessed the signing of several MoUs to enhance bilateral cooperation, Emirati news agency WAM reports. The MoUs included an agreement between DP World and the Ethiopian Ministry of Transport and Logistics, as well as one between Abu Dhabi Ports and Ethiopia Investment Holdings, though WAM did not provide details on the contents of the MoUs.

South Sudan + Kenya eye infrastructure upgrades to boost trade: South Sudanese President Salva Kiir held talks on Saturday in Nairobi with his Kenyan counterpart William Ruto to discuss undertaking joint infrastructure projects to facilitate trade, according to a statement. The two leaders agreed to complete the 11-km Nadapal-Nakodok road as well as capitalize on the African Continental Free Trade Agreement to strengthen trade and business activity between their countries. They also inked an MoU to extend a fiber optic cable across the Eldoret-Juba road.

ALSO WORTH KNOWING-

  • Saudi Arabia and China signed 12 MoUs worth some SAR 5 bn in infrastructure and housing developmenton the sidelines of the Saudi-Chinese Business Forum in Beijing. (Saudi Press Agency)
  • Indian Prime Minister Narendra Modi and Iranian President Ebrahim Raisi discussed finalizing thelong-term agreementbetween the two countries on Chabahar port. (Tasnim)
  • Saudi Environment, Water and Agriculture Minister Abdulrahman bin Abdulmohsen Al Fadhli met with Kazakh President Kassym-Jomart Tokayev to discuss boosting trade of agricultural products between the two countries. (SPA)
  • Jordan’s Industry, Trade, and Supply Minister Yousef Shamali and Turkish Ambassador to Jordan Erdem Ozan discussed arrangements to hold the first Joint Economic Committee between the two countries soon, while discussing ways to enhance commercial, investment, and trade cooperation. (Petra)
  • Iraq’s Kurdistan regional government (KRG) and Iran’s Secretary of the Supreme Council of Trade-Industrial and Special Economic Zones Hojjatollah Abdolmakeli inked an agreement to devel op trade and economic cooperation between Iran’s Maku Freezone and the KRG. The KRG also proposed setting up commercial offices at border crossings to facilitate trade. (Tasnim)
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