From Diplomat

In accordance with Turkey’s African Expansion Strategy, a Djibouti and Ethiopian Trade and Engineering Committee was established under Economy Minister Nihat Zeybekci.

Speaking at the Ethiopia-Turkey Business Forum, Zeybekci announced that the expansion strategy will be maintained and cooperation with Djibouti and Ethiopia, which are the main trade centers in Africa, will increase. He also said that a strong Turkish public bank will begin operations in Ethiopia soon.

“We are not here to increase our military actions or to establish a military base in the region. We are here to establish an economic base that both parties will benefit from commercially,” said Zeybekci, and added that Turkey is ready to begin a partnership with Ethiopia in building a Private Economic Zone, which will be constructed in Djibouti.

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