History:
- Bilateral partnership between India and Ethiopia rests on civilizational ties and cultural bonds.
- Historical linkages between both countries go back about 2,000 years of recorded history.
Location:
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Relations:
- India is amongst top trade, investment and development partner of Ethiopia.
- India’s is third most important trading partner for Ethiopia.
- India’s exports to Ethiopia in 2012 amounted to US $ 890 million i.e. 11% of all of Ethiopia’s imports.
- It mainly comprised primary and semi finished iron and steel products, drugs and pharmaceuticals, machinery and instruments, metal, plastic chemicals, transport equipment, electrical materials etc.
- India’s annual imports from Ethiopia have stagnated in range of US $ 30million.
- These mainly consist of cotton, pulses and spices.
- Ethiopia continues to be largest recipient of India’s concessional Lines of Credit in Africa, with commitment of over one billion dollar.
- India is second largest foreign investor in Ethiopia with approved investment of US $ 4.78 billion.
- About 40% of Indian investment is in field of commercial agriculture.
- India is actively playing important role of capacity building in Ethiopia in field of ITEC, education, Science and Technology and Defence etc