Addis Ababa, March 26, 2025 (FMC) – Ethiopia’s State Minister of Finance Ms. Semereta Sewasew, discussed with Diana Janse, State Secretary of the Ministry of Foreign Affairs of Sweden, and Hans Henric Lundquist, Ambassador of Sweden to Ethiopia, on enhanced development cooperation and economic ties between the two nations focusing on adapting to global financial constraints and geopolitical shifts while exploring innovative strategies to maximize development impact.
Both sides emphasized the importance of catalytic development financing to strengthen Ethiopia’s domestic resource mobilization, economic growth, and trade partnerships.
The discussions highlighted the strategic role of Swedish companies in Ethiopia’s sustainable development, acknowledging their high standards in environmental, labor, and social governance. The parties explored opportunities to leverage Sweden’s expertise in key sectors, with a particular focus on sustainable investment and value-chain development.
The meeting reaffirmed the mutual commitment of Ethiopia and Sweden to strengthening their long-standing partnership fostering economic ties, private sector engagement, and sustainable growth that delivers lasting benefits for their peoples.