While addressing the Ethio-Italian Business Forum on Thursday, Ahmed Shide, Minister of Finance, told Italian officials and business delegates that Ethiopia is about to pursue a railway project that connects Ethiopia with port cities of Eritrea.
Five months after Ethiopia and Eritrea officially ended a two-decade old stalemate and somewhat restored normalcy in relations, President Sahle-work Zewde received a credentials letter of the newly appointed Eritrean head of mission, Semere Russom at the National Palace on Thursday.
In a surprise turn of events this weeks, the government in Asmara is reported to have closed down it borders with Ethiopia, adjoining the Tigray Regional State, from the side of Eritrea with no official explanation yet offered by both countries.
United Nations Security Council (UNSC) on Wednesday unanimously voted to lift a range of international sanctions which were imposed on Eritrea almost a decade ago; the decision comes after four months since Eritrea signed a peace agreement with Ethiopia ending the 15 years no-war-no-peace situation between the two countries.
A repeatable UAE contractor Shafa Al Nahda, long associated with DP World another known port developer and operator, has clinched the USD 101 million expansion projects planned at the Port of Berbera, Somaliland this week.
Prime Minister Giuseppe Conte of Italy is the third head of state to visit Ethiopia since the coming into power of Prime Minister Abiy Ahmed (PhD) on April 2, 2018. His one-day visit to Addis Ababa on October 11, 2018 was the shortest of the previous two made during the Abiy’s premiership by Paul Kagame of Rwanda and Isaias Afewerki of Eritrea.