(hurriyet.com) The Turkish-Ethiopian Business Council, which will serve under the umbrella of Turkey’s Foreign Economic Relations Board (DEIK), has been established, DEIK said in a statement on Wednesday.

The number of business councils operating in Africa had risen to eight, and the executive board president or Turkish Ayka Textiles company, Yusuf Aydeniz would serve as the head of the Turkish-Ethiopian Business Council, the statement said.

“DEIK accelerated works to establish such a council during Ethiopian Prime Minister Meles Zenawi’s visit to Turkey,” the statement also said.

Turkish exports to Ethiopia reached $145 million and imports from Ethiopia were recorded at $42 million in 2007.