Identifier
Created
Classification
Origin
09ADDISABABA777
2009-04-07 06:42:00
UNCLASSIFIED
Embassy Addis Ababa
Cable title:  

REPORT ON BFIF-FUNDED AMCHAM ETHIOPIA LAUNCH

Tags:  BEXP ECON EINV ETRD ET 
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VZCZCXYZ0018
RR RUEHWEB

DE RUEHDS #0777 0970642
ZNR UUUUU ZZH
R 070642Z APR 09
FM AMEMBASSY ADDIS ABABA
TO SECSTATE WASHDC 4296
UNCLAS ADDIS ABABA 000777 

SIPDIS

STATE FOR EEB/CBA DENNIS WINSTEAD

E.O. 12958: N/A
TAGS: BEXP ECON EINV ETRD ET

SUBJECT: REPORT ON BFIF-FUNDED AMCHAM ETHIOPIA LAUNCH

REF: 2008 STATE 108959

SUMMARY
-------
UNCLAS ADDIS ABABA 000777

SIPDIS

STATE FOR EEB/CBA DENNIS WINSTEAD

E.O. 12958: N/A
TAGS: BEXP ECON EINV ETRD ET

SUBJECT: REPORT ON BFIF-FUNDED AMCHAM ETHIOPIA LAUNCH

REF: 2008 STATE 108959

SUMMARY
--------------

1. (U) The American Chamber of Commerce (AmCham) Ethiopia was
officially launched on January 12, 2009 at the Sheraton Hotel in the
presence of the Minister of Trade and Industry Girma Birru,
Ambassador Yamamoto, representatives of international financial
institutions, and diplomats as well as a host of prominent guests.
The event generated extensive local and international media
coverage. The Economic/Commercial Section of AmEmbassy Addis Ababa
utilized $2,000 in Business Facilitation Incentive Fund (BFIF) funds
for the launching ceremony. END SUMMARY.

PROGRAM OUTCOME AND FOLLOW UP
--------------

2. (U) On January 12, 2009, the American Chamber of Commerce
(AmCham) in Ethiopia was launched at the Sheraton Hotel by
Ambassador Yamamoto and the Minister of Trade and Industry (MoTI)
Girma Birru. Two hundred people were present at the event,
including various international financial institution
representatives and diplomats, which received large-scale local and
international media coverage. The AmCham aims to promote economic
development by strengthening U.S.-Ethiopian business partnerships as
well as trade and investment between the two countries. AmCham
Ethiopia is the fourth AmCham in Sub-Saharan Africa with a current
membership of nearly 60 U.S. and local Ethiopian companies.


3. (U) During the launching ceremony, Minister Girma asserted that
the launching of AmCham Ethiopia marked an important milestone in
trade and business relations between the United States and Ethiopia.
He also highlighted the importance of the growing economic
development partnership between the two countries. Minister Girma
also reaffirmed the Ethiopian Government's commitment to the private
sector, highlighting their pivotal role in economic development.

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


4. (U) Total expenses incurred during the launching of AmCham
Ethiopia:

Refreshments, space rental, sound system (as a package deal) = USD
2,000.00

Total actual expenditure = USD 2,000.00


5. Post appreciates the Department's Business Facilitation Incentive
Fund (BFIF) support of AmCham Ethiopia.

YAMAMOTO

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