Ethiopia and Israel Seek to Deepen Economic and Investment Cooperation

Addis Ababa, October 21, 2025 (FMC) – Ethiopia and Israel have agreed to strengthen their economic and investment cooperation following a high-level discussion between their finance ministers.

The meeting took place on the sidelines of the 2025 World Bank Group and International Monetary Fund (IMF) Annual Meetings in Washington, D.C., providing a platform to explore ways to enhance the longstanding partnership between the two countries.

Minister Ahmed Shide reaffirmed Ethiopia’s commitment to advancing mutually beneficial ties and highlighted opportunities for cooperation aligned with the country’s national development priorities.

Minister Bezalel Smotrich praised Ethiopia’s ongoing economic reforms and expressed Israel’s readiness to expand engagement by promoting investment linkages and sharing expertise in technology innovation, digital finance, water resource management, irrigation, and agricultural modernization.

Both ministers reaffirmed their shared commitment to strengthening economic and development cooperation aimed at driving sustainable growth and prosperity in both countries.