Ethiopia is undergoing massive political reform since April 2018. However, the sustainability ofrnthis political reform is depending on to what extent the reform is capable of identifying andrnaddressing major national issues through national consensus and reconciliation. The study aimsrnat exploring the major national consensus agenda and the need for national reconciliation at onernhand and the effective implementation of the political reforms initiated in Ethiopia to buildrnsustainable peace. The qualitative research methodology was employed and semi-structured indepth interviews with key informants were conducted. The key informants are selected purposelyrnfrom different professions and political affiliation. The data collected from all interviews werernanalyzed through critical discourse analysis and secondary data had been analyzedrnsystematically. The study explored that the FDRE constitution, federalism, institutionalrnindependence, democratic system, national flag, national emblem, national heroes, economicrnmodel or economic policy, privatization, government interference in the market and the issue ofrnequal distribution of resources, political culture, culture of tolerance, and promoting culturalrnidentity are major national issues that should be addressed through national consensus. On thernother hand, historical narratives, past regimes injustice and the issue of social cohesions,rnpolitical and economic marginalization, ethnic extremism, and the issue of boundaryrndemarcation are major national issues that should be solved through national reconciliation inrnorder to bring sustainable peace in Ethiopia. The available legal, policy and institutionalrnframeworks are enough to conduct national consensus and reconciliation to bring fruitfulrnoutcomes. Despite critical challenges, the current political reform also has the potential torntransform the fragility of Ethiopia situation into consolidated democracy and able to buildrnsustainable peace. The medemer discourse, on the other hand, is one of the most importantrnprinciples of togetherness, unity, and forgiveness that bridges the horizontal relationship amongrnthe societies and brings sustainable peace in Ethiopian. The general public is willing to addressrnthe national issues through national consensus and reconciliation but the political elites arernmanipulating their political interest over national issues. The national consensus andrnreconciliation model of Tunisia, South Africa, and Rwanda are the best models that thernreconciliation commission of Ethiopia should take into consideration to bring successfulrnoutcomes.