In a parliamentary session last week, MPs approved a 738-million-dollar loan agreement with South Sudan. The federal body ratified the proposed bill which looks to establish road infrastructure linking the two countries. The project aims to create accessible transport routes that will enable trade, reduce logistical bottlenecks, and facilitate the movement of goods and people across borders. It is expected to be managed collaboratively, with the South Sudan Roads Authority overseeing activities in South Sudan and the Ethiopian Roads Authority managing the Ethiopian segment. The House passed the agreement with no opposition with parliamentarians mentioning they viewed the move as a strategic investment in regional stability and prosperity aligning with Ethiopia’s foreign policy priorities and contributing to a stable and mutually beneficial environment in the region.
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