economic diplomacy

The business meeting was organized by the Indonesian embassy and the PLACCIMA. The meeting was part of the program of economic diplomacy of the Indonesian embassy to open wider access to the potential Western African market. Indonesia, chairman of the Indian Ocean Rim Association (IORA) is keen on expanding economic cooperation and market to the African continent.

Remembering the first Greek mission to Ethiopia dated back to 1917, the ambassador said the two countries' historic diplomatic relations have been flourishing through time as both have been successful in upholding their common interests. He said historically, the ancient Ethiopian gold coins have Greek inscriptions and the same is true to ancient Sabean epigraph.

UAE Minister of Economy Sultan bin Saeed Al Mansouri recently received Francisca Elizabeth Mendez Escobar, Mexico's new Ambassador to the UAE, with whom he discussed ways to enhance cooperation in a number of priority areas for both countries. The meeting held at the ministry's Dubai headquarters touched on the results of the recent visit of a UAE delegation to Mexico headed by the minister, which identified various priority sectors of mutual interest for cooperation between the two countries.

The ‘Qatar-UK Business and Investment Forum’ which will be held in London and Birmingham from tomorrow is a new prospect for Qatari-British relations at the economic level and presents an opportunity to inject more Qatari investments into Britain, particularly Birmingham

Houston India Conference is designed to bring together the various constituencies that have an interest in India, and discuss with them the latest developments and the best practices of doing business in India.The central focus of the conference is to provide a collaboration platform and share today's India story with the audience in Texas who are interested in investing in India, by the people who are playing an important role in shaping up the modern. 

United Arab Emirates (UAE) launched here on Wednesday a long-term government plan to strengthen the country's reputation and soft power, and to ensure that government revenues rely less on oil, state news agency WAM reported.

This week, prime minister Hailemariam Dessalegn had presented a six-month performance assessment report of his government to the House of Peoples Representatives. Foreign relation and diplomacy were among the overarching themes. [...] Efforts were channelled towards helping the country enjoy finance either in a form of loan or aid for trade, investment, tourism. In general, the activities were focused on economic diplomacy.

Considering Africa’s lackluster performance, it is no coincidence that many African countries and global development institutions are now prioritizing a strategy of trade over aid. But what if focusing on trade—such as partnerships with Chinese and American governments and companies—is the wrong way to look at the problem? What if instead, African countries focused on innovation? The opportunities for growth and prosperity would be much brighter.

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