Featured

What is eagle eye lens? Get to know more about your blog channel

Eagle eye lens was created in order to close the gap between the main stream media and social media. Since the social media turns out to be another wave of getting a full informational news on what is happening around us, they is need to recognize this and give it a due attention.

This social media have one big problems, since anybody can post anythings they feel like, they is a very big problem authenticating on whatever you found in it especially the current news and trends. Then we eagle eye lens comes in, we share the authenticated and very accurate news to all the social media, to ensure that you can not be feed with a garbage of trash that can easily portrays things that is happening otherwise. We concentrate on covering Ethiopia and beyond, as our motto suggest covering Ethiopia and beyond through an eagle eye lens.

We chose the name eagle because the family of this bird including kite have a wonderful eye that can see things from very far, we therefore aim to see anythings that happening around us accurately and disseminate it correctly, even those from far beyond us just like an eye an eagle and kite. Second thing we add lens to make sure we can’t just feed you on whatever we saw from far but rather broad it with a lens to see it more accurately before we feed it on a social media, so as not to get into a trap of what we try to avoid.

We have a vision of registering our blog in a near future with an Ethiopian Media Authority and hopefully to register at the same time in United States. We want to register our blog in Ethiopia because we cover what was happening in Ethiopia and at the same time we want to register in United States because 89% of our listeners through a podcast were Americans.

I thank all my audience and asked them for their support in order to achieve all of our objectives, if your to support us in anyway possible your welcomed, if you can’t kindly share this page and podcast so as to reach as many people as possible. What is more is that we are glad that our podcast reach more and more people every single day across the world and we hope the trends to continue.

As of today 8th January 2022, 89 percent of our listeners in all our eight podcast were Americans, 5 percent Ethiopians, 5 percent Germans, 1 percent from United Kingdom, 1 percent Kenyans, 1 percent Netherlands and 1 percent Panamas. Our podcast is available in ANCHOR, SPOTIFY, GOOGLE PODCAST, BREAKER, POCKET CASTS, RADIOPUBLIC, STITCHER, CASTBOX, OVERCAST AND APPLE PODCAST. We aim to make our podcast available in all major platforms across the US,Europe and Asia.

65 percent of our listeners listen on Apple Podcasts, 21 percent on Web Browser, 5 percent on Podbean, 4 percent on Anchor and 5% on Other podcasts.

Have any questions or suggestions kindly contact us on our email address eyelaneseagle@gmail.com

The era of Artificial Intelligence

Artificial Intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think, learn, and solve problems like humans. It is a field of computer science that encompasses various techniques, algorithms, and methodologies aimed at creating intelligent systems capable of perceiving the world, understanding natural language, reasoning, learning, and making decisions based on the available data.

AI strives to replicate human cognitive abilities such as perception, reasoning, problem-solving, and decision-making through the use of algorithms and computational power. This field covers a broad range of sub-disciplines, including machine learning, natural language processing, computer vision, expert systems, and robotics.

Machine Learning (ML) is a significant component of AI, where machines are trained to learn patterns from data and make predictions or take actions without explicit programming. ML algorithms allow systems to improve their performance over time by automatically adapting to new information, thereby enhancing their accuracy and efficiency.

Artificial Intelligence has numerous real-world applications across various industries, including healthcare, finance, transportation, entertainment, and more. AI systems can assist in diagnosing diseases, optimizing financial investments, predicting market trends, providing personalized recommendations, enabling self-driving vehicles, and even engaging in natural language conversations with humans.

While AI has made remarkable advancements, it also presents challenges and ethical considerations such as privacy, bias, accountability, and the potential impact on employment. Nonetheless, the ever-evolving field of AI continues to drive innovation and shape the future of technology, revolutionizing the way we interact with machines and transforming various aspects of our daily lives.

Historical Development of Islamic Banks:A Comprehensive Analysis

Photo by Aleksandar Pasaric on Pexels.com

Introduction:
Islamic banking has emerged as a significant financial system globally, serving millions of customers seeking an alternative to conventional banking practices. This essay aims to explore the historical development of Islamic banks, highlighting key milestones, institutions, and principles that have shaped the industry’s growth and evolution. With a particular focus on the Islamic banking system’s foundations and early developments, this comprehensive analysis will shed light on the intricate journey that has led to the establishment of Islamic banks worldwide.

Historical Context:
The roots of Islamic banking can be traced back to the time of Prophet Muhammad (PBUH), who advocated for ethical and equitable financial practices based on Islamic principles. However, the formal existence of Islamic banks began in the mid-20th century. It was in the 1960s that Islamic scholars and economists started to articulate the need for financial institutions that adhered to the principles of Shariah law.

Foundational Principles:
At the core of Islamic banking lie principles derived from the Quran and Sunnah, governing ethics and values that shape its distinctive nature. These principles include the prohibition of interest (riba), the avoidance of uncertainty (gharar), shared risk and profit-sharing (mudarabah), and asset backing with tangible economic activities (halal). The formation of these principles paved the way for the establishment of a financial system rooted in ethics and social responsibility.

Early Developments:
The first modern-era Islamic bank, known as the Mit Ghamr Savings Bank, was established in 1963 in Egypt. However, it was the establishment of the Dubai Islamic Bank (DIB) in 1975 that truly marked the initiation of the Islamic banking industry on a global scale. DIB laid the foundation for the practical implementation of Islamic financial principles, creating a blueprint for subsequent institutions.

Global Expansion:
Throughout the 1970s and 1980s, Islamic banks gradually emerged worldwide. These institutions sought to address the financial needs of Muslim communities while also attracting non-Muslim customers interested in ethical and socially responsible banking. Countries such as Kuwait, Saudi Arabia, Malaysia, and Bahrain played significant roles in fostering this expansion, establishing robust regulatory frameworks and promoting Islamic finance as a viable alternative.

Evolution and Innovation:
Over the years, Islamic banks have evolved and diversified their product offerings to cater to the changing demands of the market. They have introduced various Islamic financial instruments such as sukuk (Islamic bonds), takaful (Islamic insurance), and Islamic microfinance to enhance their range of services. This evolution has enabled Islamic banks to position themselves as competitive players in the global financial landscape.

Challenges and Opportunities:
Islamic banks have faced several challenges throughout their historical development. Obstacles such as harmonization of Shariah interpretations, standardized regulations, and the need for human resource development have been long-standing concerns. However, these challenges have also presented opportunities for collaboration, research, and innovation, fostering the growth of the Islamic banking industry.

Conclusion:
The historical development of Islamic banks has been a journey marked by determination, innovation, and an unwavering commitment to principles rooted in Islamic ethics and values. From humble beginnings to a global presence, these institutions have revolutionized the financial landscape, offering an alternative banking system based on risk-sharing and ethical investment. As Islamic banking continues to expand and adapt, it holds promising potential for shaping a more inclusive and sustainable financial future.

COMMERCIAL CREDIT CIRCUIT(C3) AND ISLAMIC SHARIAH VIEWPOINT

Commercial credit circuit (C3) is a complimentary currency where value claims can be used as money to settle the debt obligations among the members. Dini & Sartori (2016) define C3 as a pecuniary network that uses particular medium of exchange to supplement a national currency, and Boonstra et al (2013) mentions that the C3 was created to build up barter networks as a contrivance for economic renewal. It is a system whereby a credit that is issued to a supplying firm can be used by this firm to settle it is debt with it is creditor, who are also part of this organized market before the maturity of this debt. The creditor of this firm as well can use to settle their claims on this network or cash it at a discount. At the end of maturity period of this claims, whoever is holding it last receive the payments in a national currency.

The C3 was first developed by the Dutch non-governmental organization known as social trade organization (STRO), which is based in Holland, manage by Van Arkel. The NGO embark on a mission to design a currency that help the small and medium size enterprise. Normally large firms in which the SME supply them pays them in more than 60 days and their creditors who supply them require the payments in a month, this create a liquidity problem for such enterprises. In order to bridge this gap STRO came up with commercial credit circuit (C3).

The system of C3 works in a way that bridge this gap and ensure free flow of goods between the traders without waiting for a payments in a national currency, the network first requires the government support in order to boost it is acceptancy, second they must be a clearing house where all members register and transact in and all the ledgers are kept and recorded by this house, third they have to be a third party that insure the value claims created between the members and lastly a bank that accept cashing out of this claims before maturity at a discount.

To demonstrate how this C3 works, let for example we have business X, Y, V and Q which all are members of the C3 network. The X use to supply Y with raw materials that they used to make a certain product, normally before C3 X used to wait for almost 90 days in order to receive cash from the Y. V and Q who were suppliers of X requires the payments in 30 days, the X always in a dilemma on how to continue doing it is business operations, but now with C3 problem is solved. The X supply the Y but Y have no cash to pay them, then Y register the value claims on themselves with C3 clearing house which they promise to pay in 90 days and acquire C3 money of same amount of a claim and pays the X with it. Then X pays V and Q their claims on them with this C3 money and cash out the remaining with the banks for their normal operations. Both V and Q have an option to cash out or continues using it in a network. At maturity date whoever is holding this C3 money receive a payment in a national currency.

The insurance company insures this value claims and was getting a premium from all members, the banks benefit from cashing out a value claims before maturity at a discount and receive the full price at maturity. The clearing house run their normal operations through a membership fee which can be annually, semi-annually or quarterly, they as well charge transaction fees, liquidity tax and charge for cashing out before maturity. The clearing house would use a software that would going to keep accounts of all members and record accurately the transactions of all C3 money within the network.

The system benefits the market which otherwise should have stack due to an accrued debt, it speeds up the real economic activities by injecting new form of liquidity. Groppa (2013) said that the system makes use of an idle local labor. C3 help the businesses to have access to a small credit which would otherwise cost them high interest rates, instead of taking loans; the firm just need to pay their suppliers with C3 money and pays later saving borrowing costs. Since they are a liquidity in the market then they are maximum circulation of goods and service that benefits the market and offers an opportunity for the government to receive more tax.

Though the implementations of C3 currency have no problem in conventional set up, they are few issues in Islam, if at all the whole set up of C3 network is compatible in Shariah. To start with, making transactions with debt in C3 network might have a Shariah concern, though the sale of debt for a debt that is backed by the real economic activities; which at maturity cash is received have no shariah concern because it is treated as money in C3 network, but the commercialized version of C3 money which can be compared to trading in debts can be prohibited by the rule of ba’i al-dayn. Raheem et.al (2018) propose that credit have to be created against a value claims at par, and should not be based on interest rates and time to maturity.

To exchange the value claims with cash at a discount before maturity raises also a Shariah concerns though accepted by some scholars. Usmani (2002) said that value claims in monetary terms is money, any exchange of money must be at par and any addition or subtraction from one side is amount to riba and would not be allowed in Shariah. Beside the rule of bai-as-sarf also prohibit discounting of this value claims before maturity, the reasons the receivable get less than it is value is just a difference of time, and in Islam charging for time is not allowed in monetary transactions, it is only recognized in trade transactions.

Charging fee for guaranteeing the value claims by the third party also raises shariah concerns, this goes against the ruling of Kafalah. The person guaranteeing the claims according to the rule of Kafalah cannot charge any fee from the creditor or debtor, rather it is an act of benevolence that can be rewarded by Allah (Subhanahu Wa Taala). This can only be overcome by instituting the concept of Takaful where members donate to it, the operator invest and share the profits to the members. In case of the default then the Takaful pays from the member’s donations.

Russia Ready to Share Knowledge, Experience on Various Areas with Ethiopia: Russia Federal Agency on Mineral Resources

Russia is ready to share its knowledge, technology and experience with Ethiopia on various areas, Russia’s Head of Federal Agency on Mineral Resources Eugeny Petrov told ENA.

The 8th Ethio-Russia Intergovernmental Commission meeting, which aimed at enhancing trade, investment, scientific and technical cooperation as well as advancing and transforming people-to-people relations, took place in Addis Ababa,  from 6-8 December, 2022.

In an exclusive interview with ENA, Petrov said that the Ethio-Russia intergovernmental commission meeting will enable the two countries to further strengthen their cooperation in various areas.

“We see vast demand in the field of machinery technology and management of mineral resources,” he stated, and added “we are ready to share our experience, knowledge and technologies because as we can see nowadays the world market is changing rapidly. And these are opportunities for Ethiopia and Russia.”

The two countries have long-standing relationship, he said, adding “nowadays, we have a possibility to unite our efforts and start the new level of our relation.”

Thus, the economic cooperation of the two countries can be elevated to a higher level, he underscored.

It is noted that upon the conclusion of the 8th Ethio-Russia Intergovernmental Commission meeting, Innovation and Technology Minister Belete Molathe told the media that Ethiopia and Russia have agreed to enhance bilateral cooperation in various spheres including mining, energy, trade, and science and technology.

Ethiopian Delegation Participates in 115th OACPS Council of Ministers Meeting

State Minister of Finance Semereta Sewasew expressed Ethiopia’s position at the 115th Organization of the African, Caribbean and Pacific States (OACPS) Council of Ministers meeting on the need to strengthen the reform of the organization to make it fit for purpose.

The State Minister is in Brussels leading Ethiopian Delegation at the 115th OACPS Council launched in Brussels on Sunday.

The State Minister has taken part in the deliberations of the council which has covered issues of the strategic focuses that range from partnership within member States and their links with the European Union.

The council has also been discussing on the expansion of its partnership and visibility within the global framework, enhancement of the Secretariat’s reform and current global issues, among others, food and energy crisis to climate change.

During the first day of the council’s deliberation, Semereta expressed Ethiopia’s position on the need to strengthen the reform of the organization to make it fit for purpose, according to Ethiopian Embassy in Brussels.

On global issues, the State Minister also noted the importance of emphasizing the need to realize concrete steps in the outcomes of the COP27.

In this instance, she emphasized that member countries should pursue a strong position for the recently formed “loss and damage fund” to be a viable financing mechanism to support vulnerable countries.

The Oromo Barentum people

The Oromo of Ittu, Afran Qallo and Anniya belong to the 𝐁𝐚𝐫𝐞𝐧𝐭𝐮𝐦𝐚/𝐁𝐚𝐫𝐞𝐧𝐭𝐨 confederation, one of the two main moieties of the 𝐎𝐫𝐨𝐦𝐨 𝐩𝐞𝐨𝐩𝐥𝐞.

They are bounded by the 𝐀𝐫𝐬𝐢 𝐎𝐫𝐨𝐦𝐨 in the west and south, the 𝐊𝐚𝐫𝐚𝐲𝐲𝐮 and 𝐉𝐢𝐥𝐥𝐞 𝐎𝐫𝐨𝐦𝐨 in the 𝐧𝐨𝐫𝐭𝐡 west, the 𝐀𝐟𝐚𝐫 people in the north and the 𝐒𝐨𝐦𝐚𝐥𝐢 𝐩𝐞𝐨𝐩𝐥𝐞 in the 𝐞𝐚𝐬𝐭 and 𝐬𝐨𝐮𝐭𝐡 𝐞𝐚𝐬𝐭. They call their 𝐧𝐚𝐭𝐮𝐫𝐚𝐥 𝐡𝐨𝐦𝐞𝐥𝐚𝐧𝐝 “𝐅𝐮𝐠𝐮𝐠”. They are basically 𝐫𝐞𝐠𝐫𝐨𝐮𝐩𝐞𝐝 to 𝐭𝐡𝐫𝐞𝐞 𝐦𝐚𝐣𝐨𝐫 𝐭𝐫𝐢𝐛𝐞𝐬; the 𝐈𝐭𝐭𝐮, 𝐀𝐟𝐫𝐚𝐧 𝐐𝐚𝐥𝐥𝐨 and 𝐀𝐧𝐧𝐢𝐲𝐚.

ITTU

The 𝐈𝐭𝐭𝐮 𝐎𝐫𝐨𝐦𝐨 ocuppy the western part of 𝐇𝐚𝐫𝐞𝐫𝐠𝐡𝐞 𝐡𝐢𝐠𝐡𝐥𝐚𝐧𝐝𝐬. Their home area is called “𝐂𝐚𝐫𝐜𝐚𝐫” or “𝐎𝐧𝐚 𝐈𝐭𝐮𝐮”. They are the people who are very close to the assembly of “𝐂𝐚𝐟𝐟𝐞𝐞 𝐎𝐝𝐚𝐚 𝐁𝐮𝐥𝐭𝐮𝐦” under which the tradition of the Barentuma Oromo administration system is kept.


The traditional boundary between Ittu and Afran Qallo is 𝐁𝐮𝐫𝐪𝐚 𝐫𝐢𝐯𝐞𝐫 which is found near 𝐁𝐚𝐫𝐨𝐨𝐝𝐚𝐚 𝐭𝐨𝐰𝐧. The boundary between Ittu and Anniya is the 𝐑𝐚𝐦𝐢𝐬 𝐫𝐢𝐯𝐞𝐫.

AFRAN QALO

The 𝐀𝐟𝐫𝐚𝐧 𝐐𝐚𝐥𝐥𝐨𝐨 Oromo lay to the east of 𝐈𝐭𝐭𝐮 and 𝐍𝐨𝐫𝐭𝐡 of 𝐀𝐧𝐢𝐲𝐲𝐚𝐚. They are largest of the three groups both in thier population and the area they occupy. They have four main divisions
called 𝐎𝐛𝐨𝐫𝐫𝐚𝐚, 𝐁𝐚𝐛𝐢𝐥𝐞, 𝐃𝐚𝐠𝐚 (which is
subdivided to 𝐍𝐨𝐥𝐞, 𝐉𝐚𝐫𝐬𝐨 and 𝐇𝐮𝐦𝐞) and 𝐀𝐥𝐚.

It is not clear whether the land of Afran Qalloo has a unique traditional name although some people call it “𝐆𝐨𝐫𝐨 𝐅𝐮𝐠𝐮𝐠”. Afran Qallo had a long tradition of “𝐑𝐚𝐚𝐛𝐚𝐚 𝐃𝐨𝐨𝐫𝐢𝐢” assembly which was held at a place called “𝐁𝐮𝐥𝐮𝐥𝐨𝐨” near the town of 𝐖𝐚𝐭𝐚𝐫.

ANIYA OROMO

The 𝐀𝐧𝐢𝐲𝐚 𝐎𝐫𝐨𝐦𝐨 occoupy the lowlands of the former 𝐆𝐚𝐫𝐚 𝐌𝐮𝐥𝐚𝐭𝐚 𝐩𝐫𝐨𝐯𝐢𝐧𝐜𝐞. Their home area is called “𝐃𝐢𝐢𝐝𝐚 𝐀𝐚𝐧𝐧𝐢𝐲𝐲𝐚𝐚” or ”𝐁𝐮𝐫𝐪𝐚𝐚 𝐓𝐢𝐫𝐭𝐢𝐫𝐚𝐚”. With only few exceptions, they are pastoralists.


The boundary between 𝐀𝐟𝐫𝐚𝐧 𝐐𝐚𝐥𝐥𝐨 and 𝐀𝐧𝐢𝐲𝐲𝐚 is the 𝐌𝐨𝐣𝐨𝐨 𝐫𝐢𝐯𝐞r. The Anniya Oromo used to held their “𝐂𝐚𝐟𝐟𝐞𝐞 𝐆𝐚𝐝𝐚𝐚” assembly at “𝐁𝐮𝐫𝐪𝐚𝐚 Tirtiraa

History of the spread of Islam in the lands of Hind

As-salaamu ‘alaykum wa rahmatullah,

The initial fath (opening) of the lands of Hind began in the region of modern-day Sindh, Pakistan, under the leadership of a young commander named Muhammad ibn Qasim. Though Islam reached the region earlier, this would mark the start of Muslim rule locally. 

Muhammad ibn Qasim was born in the city of Ta’if, close to Makkah, into the famous tribe of Banu Thaqif.

Though it may almost unbelievable today, Muhammad ibn Qasim was made commander of the opening of Sindh when he was a teenager! He then served as governor of this province, one of the wealthiest regions among all the Muslim lands, for at least 4 years.

According to most historians, he passed away at a young age, likely while still a teenager.

Even at the most superficial level, the story of Muhammad ibn Qasim is astonishing. Such a story would be utterly impossible today.

If we are to understand this story – which is also the story of how the lands that are now Pakistan were first opened for Islam – we must study these events in their proper context.

We must view these events through the lens of DevotionalHistory.

This was the time of the Tabi’in, and these were people who were powerfully motivated by faith.

Western historical narratives, which view history through a secular materialist lens, will have a limited understanding of the worldview that motivated Muhammad ibn Qasim and his blessed army and allowed them to accomplish what they accomplished.

Over 1300 years later, we still benefit from his legacy.

The upcoming Muslim Legacy course The Story of Muslim India 101 will look at the history of Muslim civilizations in the Indian Subcontinent before the founding of the great Mughal Empire. The story of Muhammad ibn Qasim, his campaigns in Sindh, and his legacy will be covered in class 4.

This class is also the first course of the Muslim Legacy Islamic History Certificate Program. If you’d like to join the class for-credit, select the “Certificate Track” when you sign up for the course.

You can learn more and sign up here:

https://muslimlegacy.com/muslim-india-101
May Allah help us to better understand the legacy of the great ones who have preceded us.

Salaams,

Muhammad Adnaan Sattaur
Muslim Legacy

Oromia Regional State Zone Representatives Pledge to Provide Support for National Dialogue Commission

Representatives of religious leaders, elders, and others drawn from zones of Oromia regional state have pledged to provide all the necessary support for the National Dialogue Commission in the effort to find solutions to Ethiopia’s problems.

The pledge was made at a discussion underway in Jimma city.

Aba Gadas from different zones of Oromia region, religious leaders, elders and other representatives of the society are taking part at the discussion organized by the Ethiopian National Dialogue Commission.

Among the participants of the discussion, Aba Gada Tesfaye Tujo from Woliso noted that Ethiopians can solve their problems through consultations and dialogue as Ethiopia is an ancient civilization.

The efforts that have started by the National Dialogue Commission to solve problems through dialogue should be strengthened, he said.

According to him, the National Dialogue Commission should therefore be supported to discharge its responsibility.

Reverend Takele Dadi noted on his part that the commission offers a great opportunity to correct the polarized ideas and distorted narratives in the country.

The reverend added that he will support the process in all possible ways and indicated that he is confident that peace will prevail in the country.

Ashebir Tadesse said “we must all work together to solve the problems we face as a country through peace and dialogue.”

Most of Ethiopia’s problems originate from political interests and distorted narratives, he said, adding that the commission should focus on bringing these different views closer.

National Dialogue Commission Commissioner, Melaku Wolde Maryam said that the commission could facilitate grounds for solving the problems and disputes that have arisen in the country due to various reasons.

Therefore, all Ethiopians should help the commission by gathering the agenda and questions which have to be raised in the national dialogue.

Above all, everyone should believe that the differences that are observed in Ethiopia can be narrowed only through dialogue.

He also called on citizens to submit suggestions for input to the National Dialogue Commission based on the objective situation of their respective localities.

President Sahlework Urges Diplomats to Prioritize Ensuring National Interest within Dynamic Geopolitics

President Sahlework Zewde urged diplomats to prioritize ensuring national interest within the dynamic geopolitical situation.

Ministry of Foreign Affairs has been providing training in the premises of African Leadership Excellence Academy to diplomats for the last 21 days.

President Sahlework Zewdwe, Deputy Prime Minister and Foreign Affairs Minister, Demeke Mekonnen, Former Prime Minister Hailemariam Dessalegn, and Former President Mulatu Teshome have shared their experience to the participants of the training.

During the occasion,  President Sahlework said that national development is achieved through a rally among generations, adding that the training and experience sharing will move the country’s diplomacy a step forward.

Noting that the global geopolitics has been recurrently transforming, the president said “in this context giving the utmost priority to national interest is crucial.”

The global geopolitics is dynamic and it is essential to ascertain national interest, Sahlework pointed out and called on diplomats to discharge their due responsibility.

The president appreciated the reform being underway at the ministry of foreign affairs stressing the need to provide the necessary supports to the ongoing efforts carried out to strengthen the diplomatic activities to a higher level.

Deputy Prime Minister and Foreign Affairs Minister, Demeke Mekonnen said on his part that diplomats, taking into account of the global situation, should work hard to ensure national interest more than any other time.

He added that the Ministry of Foreign Affairs has been undertaking a number of reforms to strengthen its diplomatic relationship and the training is part of that.

Demeke pointed out that works are underway to establish a club where senior and junior diplomats can meet and share experience.

Former Prime Minister, Hailemariam Dessalegn stressed that diplomats have the responsibility to sustain national interest in the dynamic global politics.

Ethiopia has diplomats that can safeguard its national interest in the international arena, Hailemariam said, and emphasized the need to further expand.

Former President, Mulatu Teshome said on his part that diplomats need to work with patriotism and dedication to ensure national interest.

The diplomats also need to strive to achieve the aspired goal more than any other time, he added.

EU Wants to Engage in Rebuilding Ethiopia as Strategic Partner: EU Ethiopia Delegation Head

Photo by Duu0161an Cvetanoviu0107 on Pexels.com

Foregn relation,defence and security  11/11/2022 04:45 PM

The European Union is committed to continuing its support to the people of Ethiopia and wants to engage in the rebuilding efforts of the country as a strategic partner, the European Union to Ethiopia Delegation Head said.

It is to be recalled that the European Union (EU) signed yesterday a total of 38 million Euros agreement to support conflict-affected health and education sectors in Ethiopia.

European Union to Ethiopia Delegation Head Ambassador Roland Kobia told ENA that the EU has been supporting the people of Ethiopia even during the conflict and in difficult times.

According to him, EU has been supporting Ethiopians affected by drought, particularly in the Somali region, and is also supporting the health and education sectors.

Moreover, the Union has not imposed sanction on Ethiopia as many people perceive, Ambassador  Kobia  stated.

“The EU has never imposed any sanctions on Ethiopia. Many people think that we have done that, but it is not true. We have not imposed any sanctions.”

The head further pointed out that the EU has also kept very preferable trade regime for Ethiopia similar to the US African Growth and Opportunity Act (AGOA).

“The EU has also kept the very preferable trade regime in favor of Ethiopia, which is called ‘everything, but arms.’ It is a little bit like AGOA, but for the Europeans we have never suspended that. So, we have done our best to continue supporting Ethiopia and mainly the Ethiopian population throughout this war.”

Ambassador  Kobia also said that the EU “will be involved as a very longstanding partner and in a very strong spirit of partnership with Ethiopia. We should not forget that the EU and Ethiopia have a strategic partnership. So if we are strategic partners, we need to talk to each other and make joint assessment and joint decisions.”

EU has very long tradition in peace process, he noted, stating that “we have done our peace process ourselves in Europe some decades ago going out of war.” So EU and European people understand what war is because they have gone through war and peace process.

Design a site like this with WordPress.com
Get started