Identifier
Created
Classification
Origin
07ADDISABABA763
2007-03-13 08:12:00
UNCLASSIFIED
Embassy Addis Ababa
Cable title:  

ETHIOPIA: BFIF FUND UTILIZATION FOR CHAMBER TRADE

Tags:  BEXP BTIO ABUD ECON ETRD EINV 
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VZCZCXYZ0000
RR RUEHWEB

DE RUEHDS #0763 0720812
ZNR UUUUU ZZH
R 130812Z MAR 07
FM AMEMBASSY ADDIS ABABA
TO RUEHC/SECSTATE WASHDC 5051
INFO RUEHNR/AMEMBASSY NAIROBI 2886
RUEATRS/DEPT OF TREASURY WASHINGTON DC
RUCPDOC/DEPT OF COMMERCE WASHDC
UNCLAS ADDIS ABABA 000763 

SIPDIS

SIPDIS

E.O. 12958: N/A
TAGS: BEXP BTIO ABUD ECON ETRD EINV
SUBJECT: ETHIOPIA: BFIF FUND UTILIZATION FOR CHAMBER TRADE
FAIR AND SEMINAR

UNCLAS ADDIS ABABA 000763

SIPDIS

SIPDIS

E.O. 12958: N/A
TAGS: BEXP BTIO ABUD ECON ETRD EINV
SUBJECT: ETHIOPIA: BFIF FUND UTILIZATION FOR CHAMBER TRADE
FAIR AND SEMINAR


1. SUMMARY. The U.S. Embassy in collaboration with
USAID/Ethiopia and the Commercial Service (CS) Nairobi
participated in the Addis Chamber of Commerce International
Trade Fair February 22 to March 1, 2007. The overall
objective of USG participation was to promote U.S.-Ethiopian
commercial relations through the sponsorship of a USA Booth
and a half-day seminar on doing business with the United
States. Total expenses incurred in organizing and
participating in the trade fair and seminar amounted to USD
7,175.15. END SUMMARY.

PROGRAM OUTCOME AND FOLLOWUP
--------------


2. The Addis Chamber International Trade Fair, now in its
eleventh year, is the largest and most important annual
international trade fair in Ethiopia. In 2007, a record 320
companies, including 170 local companies, participated.
Post's participation highlighted USG programs and policies to
support private sector development in Ethiopia, provided
Ethiopian companies with information on how to do business
with the United States, promoted U.S. products and services
to Ethiopian companies, and encouraged business linkages
between U.S. and Ethiopian firms. Specific activities
included the sponsorship of a USA Booth which served as a
resource center for information on both USG programs and U.S.
products and services; one-on-one counseling for local
entrepreneurs with embassy and USAID staff on topics such as
the African Growth and Opportunity Act (AGOA); and a half-day
seminar on doing business with the United States that
included special presentations on USG policies and programs
to support business linkages between the United States and
Ethiopia. Several hundred local businesses were reached
through these activities. Results included a greater
awareness of U.S. programs and policies to support private
sector development in Ethiopia, a better understanding of the
U.S. market, and tools to locate U.S. products and services.
To underscore USG interest in Ethiopia's economic
development, Ambassador Donald Yamamoto joined leading
Ethio-American investors and the Minister of Trade and
Industry for the inauguration of the USA Booth.

FINANCIAL EXPENDITURES
--------------


3. Total actual expenditures covered using BFIF was USD
7,175.15. A breakdown of expenses follows:

-- Booth rental and registration 2,920.00
-- HalfQay seminar meeting space 672.30
-- Event manager/organizer fee
(including contracting of support staff) 2,916.74
-- Printing costs 656.11
--------------
Total expenses 7,165.15


4. Contact:

Nicholas Namba
Economic/Commercial Officer
U.S. Embassy Addis Ababa
Tel: 251-11-517-4111
Fax: 251-11-124-2405
E-mail: namban@state.gov
YAMAMOTO