New Delhi: Prime Minister Narendra Modi held a bilateral meeting with Prime Minister of Ethiopia Abiy Ahmed Ali at Hyderabad House in New Delhi on Saturday, on the sidelines of the 18th BRICS Summit. Egypt, Ethiopia, Iran, Saudi Arabia and UAE became full member of BRICS from January 2024 and Indonesia in January 2025.
By joining BRICS, Ethiopia has gained access to the markets of the member countries, which should increase its export opportunities. The African state is ready to supply coffee, flowers and other agricultural products. Some companies in India and China have also expressed interest in investing in Ethiopia's telecoms technology and infrastructure. This, according to some experts, could help it diversify its economy.
