Private Sector Key to Ensuring Peace and Prosperity: PM Advisor Daniel Kibret

Addis Ababa, February 5, 2025 (ENA)- The private sector plays a crucial role in ensuring peace and prosperity by fostering national unity and consolidating a grand narrative for Ethiopia, Deacon Daniel Kibret, Social Affairs Advisor to the  Prime Minister, noted.

A conference on the private sector's contribution to Ethiopia's sustainable peace was held at the Adwa Victory Memorial Museum today.

On the occasion, the advisor presented a discussion paper titled "The Role of the Private Sector in Building Sustainable Peace in Ethiopia".

 

In the paper, he highlighted the necessity of building a grand narrative for nation-building.

According to him, the private sector is instrumental in consolidating this narrative and achieving a prosperous Ethiopia.

On his part, Peace Minister Mohammed Idris stressed the vital role of businesses in cultivating connections between diverse societies and enhancing overall harmony.

 

Pointing out the significance of business interactions in fostering understanding, collaboration, and peaceful coexistence among various communities, he urged the private sector to strengthen its role in strengthening the effort of the government to ensure peace.

He reiterated that the private sector's involvement is essential for maintaining sustainable peace in Ethiopia and the effort must be continuous.

Ethiopian Chamber of Commerce and Sectoral Association (ECCSA) President, Subsib Abafira, highlighted the critical role of peace in creating a favorable environment for investment and international trade, stressing that a peaceful atmosphere is vital for business success and economic growth.

He emphasized the private sector's huge role in promoting and sustaining peace.

Some of the participants of the conference affirmed that the private sector is well-equipped and fully committed to contributing to the preservation and promotion of long-term peace and stability.