Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Economy

Brics will help new members Ethiopia and UAE to cement ties

05 Dec 2023 - by Staff reporter
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Ethiopia and the United Arab Emirates (UAE), which are set to become full members of the Brics economic bloc on January 1, 2024, committed to utilising the platform to enhance their all-round relations and cooperation.

This was announced as the UAE prepared to celebrate its 52nd National Day anniversary last Saturday, which coincided with COP28, which is being held in the emirate of Dubai until December 12 after starting last Thursday.

In his remarks about the two Brics members’ benefits, on the sidelines of the climate change conference, director-general for Middle East, Asia and Pacific Affairs with the Ministry of Foreign Affairs, Ambassador Gebeyehu Ganga, revealed Ethiopia's keenness to employ the bloc to maintain thriving relations with the UAE.

According to Ganga, the two countries' accession to the economic bloc offers a great opportunity to both parties to boost relations in social, economic, trade and political spheres.

Ganga said Ethiopia admired and appreciated the UAE's remarkable achievement and strong bonds between the two nations.

"The UAE National Day marks the historic union of the seven Emirates and the birth of a nation that exemplifies progress, unity, and prosperity," Ganga said.

The UAE president, Sheikh Mohammed bin Zayed Al-Nahyan, recently visited Ethiopia to strengthen Ethio-UAE bilateral relations.

UAE ambassador to Ethiopia, Mohammed Salem Al Rashidi, said that the two countries' accession to the Brics family was of paramount importance to boost their relations in social, economic and political spheres.

He indicated that the Ethio-UAE diplomatic relations, which were formalised by his country's opening of its embassy in Addis Ababa in 2010, had been evolving at bilateral, regional and international levels.

The UAE celebrated its national day on December 2, marking the anniversary of the establishment of the union in 1971 when six emirates became one:  Abu Dhabi (capital), Dubai, Sharjah, Ajman, Fujairah and Umm Al-Quwain. In 1972 Ras Al Kaimah joined the federation as well.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Salvage tug sails to Maersk ship adrift in Atlantic

Sea Freight

The stricken vessel will be adrift for two weeks by the time salvage help arrives.

06 May 2025
0 Comments

Mozambique resumes road toll fees

Africa

The country has reduced rates nationwide with the exception of charges for commercial operators.

06 May 2025
0 Comments

Fuel prices set to drop

Economy

Global economic recession concerns and an oversupply of crude oil are placing pressure on prices.

06 May 2025
0 Comments

Driverless truck developer hits the highway

Road/Rail Freight

Aurora CE Chris Urmson said he travelled in the back seat during the inaugural journey.

06 May 2025
0 Comments

Weak SA economy, not Namibian imports, causes low meat prices

Economy

The challenge is that demand for the product has slowed, with almost 1.2m fewer carcasses sold locally in 2023 than in 2016.

06 May 2025
0 Comments

South Africa’s citrus export season gets under way

Imports and Exports

Growers forecast a rise in demand despite US tariff uncertainty and ongoing EU phytosanitary barriers.

05 May 2025
0 Comments

Thriving agri-sector pushes up tractor imports

Imports and Exports

No duties apply because we can't place import duties on equipment we don't produce. – Wandile Sihlobo.

05 May 2025
0 Comments

Carriers face capacity planning nightmare

Air Freight

The de minimis change is going to disrupt the market, and we’ll see its impact this month. – Xeneta.

05 May 2025
0 Comments

Australia launches world’s largest electric ship

Sea Freight

At 130 metres in length, Hull 096 is the largest electric vessel of its kind ever built.

05 May 2025
0 Comments

Naval drones cause havoc at Black Sea port

Logistics

The strike destroyed a Russian Su-30 fighter jet mid-air in a historic first for UAVs.

05 May 2025
0 Comments

Ukrainian authorities detain Tanzania-flagged cargo ship

Sea Freight

The vessel was intercepted near the Port of Reni as it was reportedly en route to the Turkish port of Gemlik.

05 May 2025
0 Comments

Multi-purpose terminal operator for Port of Durban sought

Logistics

The brownfield development site spans 145 hectares in the Maydon Wharf precinct of the port.

05 May 2025
0 Comments
  • More

FeatureClick to view

Sea Freight May 2025

Border Beat

Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
BMA officials arrested for enabling illegal immigration
24 Apr 2025
More

Featured Jobs

New

Transport Clerk (DBN)

Tiger Recruitment
Durban (New Germany)
09 May
New

Operations’ Coordinator

Brinks Security PTY LTD
Johannesburg
09 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us