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Ethiopia and Germany on Friday signed a summary record agreement worth 212.6 million euros (about 246 U.S. dollars) to support Ethiopia’s development.

The agreement, which will be applied as a framework shaping the development cooperation between the two countries during 2017-2020, focuses on agriculture, education and biodiversity.

Signing the agreement on Friday, Admasu Nebebe, Ethiopian Deputy Minister of Finance and Economic Cooperation, said the East African country will give due emphasis in the agricultural sector, as it remains the source of livelihood and employment for the majority of Ethiopians.

According to the minister, the agreement signed will assist rural poverty reduction, food security improvement and conservation and sustainable use of the country’s huge biodiversity resource.

The agreement will also support the vaccination program, upgrading the water supply in refugee camps and refugee host communities in the country, it was noted. Enditem

Source: Xinhua/NewsGhana.com.gh

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