Celebrating 128th Victory of Adwa with Ambassador of Ethiopia
March 02, 2024
Chamber India joins the people of Ethiopia in celebrating the 128th Victory of Adwa.
Our President & CEO Mr. Abhinav Balyan greeted H.E. Mr. Demeke Atnafu Ambulo, Ambassador of Ethiopia at the celebrations hosted by the Embassy in New Delhi.
Historical linkages between India and Ethiopia go back about 2,000 years of recorded history. Trade between the two countries flourished during the ancient Axumite Empire (1 Century AD), which is seen to be origin of modern Ethiopia.
India is the second largest trading partner for Ethiopia, accounting for 10.2% of Ethiopia’s global trade. Bilateral trade between Ethiopia and India stood at USD 1.8 billion in 2021, out of which Ethiopia’s exports were about USD 75.13 million. In 2020, bilateral trade between Ethiopia and India was USD1.14 billion, out of which India’s exports to Ethiopia were USD 1.08 billion and imports were USD 56.55 million.