Addis Ababa, June 6, 2018 (FBC) –Ethiopia’s State Minister for Foreign Affairs, Hirut Zemene, briefed Addis Ababa-based diplomatic community on the statement issued by Executive Committee of EPRDF on Tuesday.

The Committee decided to take the measures after realizing the importance of taking economic reforms which coincides with the economy and to spur economic growth and improve export performances, she said.
Accordingly, decision has been made to expand mixed ownership or full privatization of state-owned railway and sugar development projects, industrial parks, hotels and other manufacturing industries, the state minister told the diplomats.
The committee also put directions to privatize Ethio-telecom, Ethiopian Airlines, electric power generation projects, the Ethiopian Shipping and Logistics Services Enterprise, with the government having the majority stake.
After reviewing the current Ethio-Eritrea situation, the Committee decided the feud between the two countries to end and underscored the need to maintain peace between people of the two countries.
The Committee passed decisions to accept and implement the Algiers Agreement and the Ethio-Eritrea Boundary Commission’s decision for the sake of mutual benefit of the people of both countries, she stated.
The Algiers Agreement was a peace agreement between the governments of Eritrea and Ethiopia signed on December 12, 2000, at Algiers, Algeria for the formal end of Ethio-Eritrean war fought from 1998 to 2000.