| Summary/Abstract |
If current trends continue, the trade relationship between Ethiopia and India will continue to grow in importance. As its economy modernises and exports increase, Ethiopia will send a steadily larger number of products. Through its EXIM bank, India has made several significant investments in the Ethiopian state-run sugar industry and in reconnecting Addis Ababa and Djibouti by rail. Indian FDI into Ethiopia has also grown in recent years as Indian companies take advantage of fire-sale land rates and tax holidays.
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