Feb 17 • 19:42 UTC 🇶🇦 Qatar Al Jazeera

Turkey and Ethiopia Sign Agreements in the Fields of Economy and Energy

Turkey and Ethiopia have signed two agreements focusing on economic and energy cooperation during President Erdoğan's visit to Ethiopia.

On Tuesday, Turkey and Ethiopia solidified their partnership by signing two significant agreements aimed at enhancing cooperation in the economy and energy sectors. This agreement was formalized during Turkish President Recep Tayyip Erdoğan's visit to Addis Ababa, where he met with Ethiopian Prime Minister Abiy Ahmed. The Turkish Ministry of Energy announced that a memorandum of understanding concerning energy collaboration was one of the major outcomes of this visit.

The signed agreements emphasize joint projects in renewable energy and energy efficiency. Turkey and Ethiopia are set to collaborate in the production and installation of hydroelectric power station equipment and electrical turbines, demonstrating a commitment to sustainable energy solutions. Minister of Energy, Alparslan Bayraktar, indicated that this agreement would serve as a roadmap for increased cooperation between the two nations, which share a long-standing relationship characterized by growing trade and investment ties.

President Erdoğan's visit marks his first to Ethiopia in 11 years, underscoring the significance of this diplomatic engagement. Prior to the signing ceremony, he was received with formal honors by Prime Minister Ahmed, followed by a joint press conference that highlighted the importance of strengthening relations between Addis Ababa and Ankara. The agreements reflect both countries' intentions to enhance economic collaboration while promoting energy development as a key area of mutual interest.

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