Envoys Hail Ethiopia's Strategic Significance for Investment, Trade and Regional Security

Addis Ababa, July 3, 2026 (ENA) — Envoys have appreciated Ethiopia's strategic importance as a destination for investment, promoting trade and regional security.

Speaking to ENA, the ambassadors of Oman and Romania to Ethiopia have praised Ethiopia’s rapid economic progress and growing influence across Africa.

Oman's Head of Mission to Ethiopia, Afkar Al Farsi, described Ethiopia as a pivotal country in the region because of its vast geographic size, expanding economy, and increasing regional connectivity.

He said Ethiopia's efforts to enhance agricultural productivity, coupled with its strong transport links, have strengthened its position as a regional hub.

"The presence of the largest airline in Africa also contributes significantly to regional and continental integration," he said.

Al Farsi noted that bilateral relations between Ethiopia and Oman have continued to deepen through high-level official exchanges, expanding trade, and growing investment cooperation.

He said trade between the two countries is already active, with Oman exporting iron products and plastic pallets to Ethiopia, while Ethiopia exports coffee, sesame, and other agricultural commodities to Oman.

"There is strong potential to further expand trade, particularly through the export of Ethiopian perishable products to Oman," he said.

The envoy also identified agriculture, manufacturing, and construction as promising sectors for Omani investors, noting that Ethiopia's ongoing real estate and infrastructure development projects offer attractive investment opportunities.

Romania's Ambassador to Ethiopia, Julia Pataki, also underscored Ethiopia's growing role in promoting regional economic integration and maintaining peace and security.

 

She said Ethiopia remains one of Africa's fastest-growing economies, stressing that free trade and market integration are essential for accelerating economic development across the region.

Pataki emphasized that Ethiopia is making an important contribution to regional peace and stability while advancing broader continental cooperation.

She also noted that Addis Ababa's status as the seat of the African Union strengthens Ethiopia's position as a leading platform for diplomacy, regional integration, and collective efforts to address Africa's shared challenges.

The ambassador added that Ethiopia's regional influence is expected to continue expanding by linking its economic transformation with stronger regional security and cooperation initiatives.