Home / Knowledge / News / Textiles / Embassy promotes Ethiopian textile sector in Sweden
Embassy promotes Ethiopian textile sector in Sweden
Jun '14
courtesy: Ethiopian Embassy in Stockholm
courtesy: Ethiopian Embassy in Stockholm
Ethiopian Embassy in Stockholm, Sweden, in collaboration with Chamber Trade Sweden and the Swedish-Ethiopian Chamber of Commerce (SECC), organized a seminar last week to promote investment and business opportunities in Ethiopia.
The seminar was attended by Ethiopian textile and leather companies, the Ethiopian Women Exporters Association and a number of companies from Sweden, according to a statement from Ethiopian Ministry of Foreign Affairs.
At the seminar, experts from the Ethiopian textile and garment industry presented details about business and investment opportunities for Swedish firms in Ethiopia.
Tadesse Haile, State Minister of Industry, who led the Ethiopian business delegation to Sweden, gave elaborated presentation about the current state of Ethiopia’s economy and the investment opportunities.
He said Ethiopian Government provides incentives to investors, and the country has become a preferred destination for investment due to favourable investment environment, low crime rate, zero tolerance of corruption, stable exchange rate, and welcoming attitude of the people to Foreign Direct Investment (FDI).
In her welcoming speech, Ambassador Woinshet Tadesse mentioned the mega infrastructure projects that are coming up in various sectors, such as roads, railways, telecommunication and energy, which are crucial for investment and sustained economic growth.
During its visit to Sweden, the Ethiopian delegation also visited the Textile University in Borås, and held business-to-business meetings with representatives of various Swedish textile companies.

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search