Ethiopia, Oman sign 3 agreements

Addis Ababa, April 12, 2016 (FBC) – Three cooperation agreements were signed in the Ethiopian capital, Addis Ababa on Monday between the Omani and Ethiopian sides, on the sidelines of opening ceremony of the Omani Products Exhibition “OPEX 2016”.
In the first agreement, Al Madina Logistics signed a memorandum of understanding (MoU) with Bikma Logistics and Transport Company to provide clearing and forwarding services and facilitate trade exchange between the Sultanate and Ethiopia.

The MoU stipulates the provision of specialised services in the field of clearance and transport, including air and sea transport, customs clearance, and exchange experiences in the field of distribution and land ports.

Mahmoud bin Sikhi Al Balushi, CEO of Al Madina Logistics and Billy Teka Bebjna, CEO of Bikma Logistics and Transport signed the agreement.

Said bin Abdullah Al Saqri, CEO of Windows 2000 and Daniel Burhan, investor in the Republic of Ethiopia signed the second agreement to set up a factory in Ethiopia to serve the local market, as well as the markets of neighbouring countries. It also aims to bring expertise to the Sultanate in window manufacturing and the expansion of the company’s business.

Areej Vegetable Oils& Derivatives and Ethiopian Almen Group signed the third agreement to distribute and import most types of oils that Areej produced in the Sultanate and to focus on the most prestigious brands in the Sultanate and GCC countries.

The agreement was signed by Eng. Salim bin Nasser Al Bartamani, CEO of Areej Vegetable Oils & Derivatives and Eng. Kaleb Daniel, CEO of Almen Group.

Source: Times of Oman