Top news items in major Ethiopian media outlets

The Following are news highlights in Ethiopia's major media outlets on Monday.

--Ethiopia has taken advantage of the World Economic Forum held in Davos, Switzerland to promote its investment friendly atmosphere, Prime Minister Hailemariam Desalegn said.

The Forum has created an opportunity for Ethiopia to confer with development partners and representatives of giant international companies, said the prime minister. (Ethiopian News Agency/ENA)

--Ethiopian Minister of Public Enterprises Girma Amante, said the country will stop sugar importation as of next Ethiopian fiscal year (2017/18).

According to him, the newly built Omo Kuraz -I & II as well as Beles-I sugar factories will enter into production phase this month. He further said works will be carried out to enable the existing factories to produce sugar with their full capacities. (Fana Broadcasting Corporate/FBC)

--India's Ambassador to Ethiopia Anurag Srivastava said balancing the volume of bilateral trade between his country and Ethiopia is one of the areas of discourse between the two nations.

Talking exclusively to ENA, Ambassador Srivastava said India is working to narrow the trade balance which currently stands at more than 1.2 billion U.S. dollars in favor of India. (Ethiopian News Agency/ENA) Endit