#Ethiopia: The Manufacturing Hub of Africa
Ethiopia has a great gold reserve and, in the recent years, has been a great producer of opal, sapphire, and emerald. Other resources including tantalum, phosphorus, iron, salt, potash, soda ash, coal, geothermal and natural gas have recently been discovered in Ethiopia.
Demeke Atnafu Ambulo, Consul General of Ethiopia in Mumbai, shared his views regarding opportunities for Indian companies, some of which includes:
• abundant industrial raw materials
• subsidized energy cost
• duty-free, quota-free exports to the US and EU markets
• Exemption of Import duty on all machineries, equipment, construction materials, spare parts and vehicles
Read more here: http://lnkiy.in/Zk339
@Businessinfoeth
