Ethiopia

Герб
 Флаг
 

Coat of arms: contains a yellow interlaced pentagram radiating rays of light on a blue shield. Today, the pentagram stands for the unity of the people and nationality of the Federal Democratic Republic of Ethiopia. The Emblem appears in the centre of the flag of Ethiopia.

Flag: is intended to represent both the diversity and unity of the country. Blue represents peace, the star represents diversity and unity, and the sun's rays symbolise prosperity. 

  • Green represents the richness and the fertility of our land as well as hope;
  • Yellow represents religious freedom and peace;
  • Red represents the sacrifice of our fathers, who spilled their blood in defense of Ethiopia.
 
  • Anthem: «March Forward, Dear Mother Ethiopia» is the national anthem of the Federal Democratic Republic of Ethiopia.
  • Official languages: Amharic.
  • Geographical location: it is a country in the northeastern part of Africa, popularly known as the Horn of Africa. It shares borders with Eritrea to the north, Djibouti to the northwest, to the northeast Somaliland, and Somalia to the east, Sudan and South Sudan to the west, and Kenya to the south.
  • Administrative divisions: Ethiopia is divided into nine ethnically-based and politically autonomous regional states and two chartered cities, the latter being Addis Ababa and Dire Dawa.
  • Capital: Addis Ababa.
  • Governance: the government of Ethiopia is structured in the form of a federal parliamentary republic, whereby the Prime Minister is the head of government. Executive power is exercised by the government while legislative power is vested in the Parliament. The Judiciary is more or less independent of the executive and the legislature. 
  • Population: 96 million.
  • Currency: Birr.
  • GDP: $145 billion.
  • Time zone: GMT +3.
  • Telephone code: +251.
  • Barcode: 231.

 

Trade and economic cooperation between Belarus and Ethiopia

The countries of East Africa have been the most developing African countries for the last ten years. The average growth rates of their GDPs over this period have been from 6.5 to 10.5%.

Despite considerable economic achievements, all these countries have agriculture with low productivity, underdeveloped industrial, transport and energy infrastructure. Therefore businesses are concentrated mainly in large cities, primarily in the capitals, due to easy access to communications.

Belarus's most promising products to export to Ethiopia:

  • Potassic fertilizers;
  • Optical equipment;
  • Vehicles and tractors;
  • Tyres;
  • Metal products.

In 2015, trade turnover between Belarus and Ethiopia increased in 3.3 times to $12.5 million as compared to 2014. Belarusian exports increased in 3.8 times to $11.7 million, Ethiopian exports increased by 11.9% to $0.8 million. Trade surplus was $10.9 million.

Belarus supplied goods of 30 commodity headings to Ethiopia in 2015.

It mainly exported the following products:

  • Potassic fertilizers ($10.5 million);
  • Synthetic filament tow ($0.867million);
  • Optic apparatus ($0.251 million).

 

This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in the Federal Democratic Republic of Ethiopia, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Ethiopia for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

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