Ethiopia’s Ambassador to the United States, Kassa Tekleberhan met senior executives of the Greater Seattle Partners (GSP) and Boeing Company to discuss on the potential avenues to be created to strengthen the bilateral trade relations between Ethiopia and the United States.
The delegates gear towards establishing a rather solid partnership for mutual benefits in their respective countries.
The Greater Seattle Partners is an international trade and development, first public-private partnership created to advance economic growth and competitiveness for the Greater Seattle region. The economic development group launched in July this year picked its first CEO, Brian P. McGowan. He is the former president and CEO of Atlanta Beltline.
The meeting placed significant focus on Seattle region that would be the epicenter of business attraction for both countries. Both GSP and Boeing, an American aircraft manufacturing company pledged to support the establishment of an Ethiopian Business Council in Seattle. It would be a crucial move to aid in trade and investments for the partners.
The EBC would tackle challenges affecting the bilateral partnership between Ethiopia and U.S, addressing the barriers in trade and look for opportunities for investment. The essence of the business council is to link Addis Ababa with Seattle and encourage business to bolster growth. It would offer a market for Ethiopian goods, facilitating business and trade.
Ethiopia’s national air carrier Ethiopian Airlines links Addis Ababa to the U.S. Around Europe and America, the Ethiopian flies to 18 cities with five being in North America. They include New York, Toronto, Los Angeles, Chicago, and Washington D.C. The air carrier is among the four foreign airlines flying to the U.S with Kenya Airways the latest airway to make a stop.
Boeing has supplied Ethiopian Airlines with over 75 air crafts that operate from long range passenger services to medium range passenger services and regional and domestic passenger services. The company manufactures world class commercial jetliners and space crafts.
In 2017 U.S. goods imports from Ethiopia totaled $291 million, up 23.4 percent ($55 million) from 2016, and up 230.3 percent from 2007. In the same year, Ethiopia was the United States’ 82nd largest goods export market and 102nd largest supplier of goods imports.