ISTANBUL - Turkish-Ethiopian Business Council, which will serve under the umbrella of Turkey`s Foreign Economic Relations Board (DEIK), has been established.
Releasing a written statement, DEIK said on Wednesday that number of business councils operating in Africa had risen to 8, and Turkish Ayka textiles company`s executive board president Yusuf Aydeniz would serve as the head of Turkish-Ethiopian Business Council.
The statement said the plan to establish a business council had been made during the visit of Turkish Prime Minister Recep Tayyip Erdogan to Ethiopia in 2005.
"DEIK accelerated works to establish such a council during Ethiopian Prime Minister Meles Zenawi`s visit to Turkey," the statement said.
Turkish exports to Ethiopia is 145 million USD and imports from Ethiopia is 42 million USD in 2007.
(AY-MS)
(ECO)