News Article

US, Ethiopia Sign 147.2 Million Birr USAID Agreement

Addis Ababa, July 12, 2002 (WIC)- The United States Ambassador Tibor P. Nagy and Minister of State for Finance and Economic Development Mulu Kestela, today signed five USAID grant Agreement amendments totaling 147.2 million birr.

According to a press release from the US Embassy, the first grant of 8.8 million birr will support planned activities that improve the lives of pastoralists and agro-pastroralsists in the Borena zone of the Oromiya Regional State and the Afder and Liben Zones of the Somali Regional State.

These planned activities, the release said, focus on improving livelihoods, family health practices, primary education and peace building.

The release also said that the other four grants will back up Ethiopia's programme to improve agricultural productivity and increase food security through agricultural research and extension, improve the country's health care system, basic education system and capacity building and decentralization processes, among others.

The release quoted the US Ambassador as saying that the US was committed to the partnership, as it had been for over the past eleven years.

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The Ethio-American Trade & Investment Council (EATIC - www.eatic.org) is a non-profit, non-partisan, tax exempt membership organization of corporations and individuals dedicated to strengthening and facilitating trade and investment between Ethiopia and the United States of America. The Council believes that it can best accomplish this goal through education, focusing on broadening the respective knowledge of various social customs, cultural traditions and economic climate of both countries.

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