Ethiopia Working to Secure New Development Bank Membership

Addis Ababa  April 26/2024 (ENA) The Ministry of Foreign Affairs disclosed that Ethiopia is working hard to become member of BRICS' New Development Bank.

Spokesperson of the Ministry Nebiyu Tedla, gave a weekly press conference on the nation’s diplomatic activities that were  carried out over  the week.

The spokesperson recalled that  a delegation led by State Minister of Foreign  Affairs, Mesganu Arga participated in the consultation of BRICS member countries held in Moscow, Russia.

Nebiyu explained that Ethiopia has joined BRICS, the emerging global bloc to protect its national interests and navigate alternative benefits in the financial and related matters.

As part of Ethiopia’s endeavor to maximize its gain from the international organizations like BRICS,   he revealed the ongoing efforts being made to become a member of the New Development Bank.

On other hand, the spokesperson elaborated Foreign Minister  Taye Atske Selassie held discussion with Amina  Mohammed, Deputy Secretary General of the United Nations (UN) on ways of strengthening multifaceted partnership and priorities between Ethiopia and the UN.

He further mentioned that Ethiopia is preparing to successfully host the preparatory conference of the 4th UN International Conference on financing for development in July 2024.

Additionally, Nebiyu briefed the media about Ethio-Slovenia political consultation held in Addis Ababa.

The consultation was aimed at evaluating the status of existing relations, consulting on further enhancing the bilateral relations of the two countries and exchanging views on current regional, continental, and global issues of common interest.

He added that the Libyan Prime Minister Abdul Hamid Al-Dabaiba's visit to Addis Ababa was successful.

The Prime Minister held discussions with Prime Minister Abiy Ahmed to work together on peace and stability, human resource exchange and other areas of cooperation, he pointed out.