{"id":37697,"date":"2014-01-10T18:47:34","date_gmt":"2014-01-10T18:47:34","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=8a8f50ed55618383203ad6ed9c53cebe"},"modified":"2014-01-10T18:47:34","modified_gmt":"2014-01-10T18:47:34","slug":"press-release-minister-encourages-further-british-investment","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=37697","title":{"rendered":"Press release: Minister encourages further British investment"},"content":{"rendered":"<div class=\"govspeak\">\n<p>A British Business Group (BGG) held a lunch meeting today on Thursday 09 January 2014 at the Hilton Hotel in Addis Ababa and showcased their products to invited guests.<br \/>\nHis Excellency Tewodros Adhanom, Ethiopian Minister of Foreign Affairs, visited the small business exhibition held by eight British companies at the hotel.<br \/>\nHE Tewodros told 73 members of the BBG attending the event that he would like to see more British investors coming to Ethiopia.<br \/>\n  Speaking on the event, HE Tewodros said:<br \/>\n  \u201cYou made a right decision for investing in Ethiopia and we thank you. We expect more investment and I assure you that you will be rewarded as Ethiopia\u2019s economy expands and grows in the future.\u201d<br \/>\nSpeaking on the event, Her Majesty\u2019s Ambassador to Ethiopia Greg Dorey said:<br \/>\n  \u201cEthiopia has developed into our biggest bilateral development partner in the world. And from a low base, we have seen our trade and investment relationship take off dramatically too. I want to see them grow still more in future years as high rates of growth continue and the country opens up further.\u201d<br \/>\nBBG is a group of British based companies operating in Ethiopia and having over 200 members drawn from various sectors of trade, service, and industry. <\/p>\n<p>Editors\u2019 Note<\/p>\n<ul>\n<li>UK exports of goods and services reached \u00a3248m in 2011. Similarly, Ethiopia\u2019s export of goods and services to the UK had also risen to \u00a3105m. <\/li>\n<li>Direct investment of UK companies in Ethiopia is increasing. The major companies include Diageo (acquired Meta Abo Brewery at a cost of USD 225m), Duet (equity investment worth $90m in Dashen Brewery), and Silk Investment (substantial share holding at NAS Foods PLC).  <\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>British Business Group (BGG) members held a lunch meeting with Ethiopian Foreign Minister Dr Tedros and showcased their products<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/37697"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37697"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/37697\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}