India, Ethiopia Elevate Ties to Strategic Partnership During PM Modi's Visit

India
M
Moneycontrol•16-12-2025, 22:49
India, Ethiopia Elevate Ties to Strategic Partnership During PM Modi's Visit
- •India and Ethiopia elevated bilateral ties to a "strategic partnership" during PM Modi's visit, aiming for new energy, speed, and depth.
- •PM Modi highlighted shared democratic values, commitment to peace, and roles as Global South partners.
- •Ethiopian PM Abiy Ahmed Ali noted India as the leading source of FDI, with over 615 Indian companies investing in Ethiopia, contributing to strong economic growth.
- •The visit included a special welcome by PM Abiy Ahmed Ali, who personally received PM Modi and took him to key sites not in the itinerary.
- •This marks PM Modi's first visit to Ethiopia, reinforcing India's commitment to South-South cooperation and African partnerships.
Why It Matters: India and Ethiopia elevate ties to a strategic partnership, deepening cooperation and economic engagement.
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