POST Online Media Lite Edition


Ethiopia and China furthering cooperation

Staff Writer |
Prime Minister Hailemariam Desalegn said Ethiopia and China are keen to further strengthen their economic cooperation as the two countries signed agreements in various areas.

Article continues below

Holding talks with Chinese President Special Envoy and National Development and Reform Commission Chairman Xu Shaoshi yesterday, Prime Minister Hailemariam said that Ethiopia and China have been engaged in economic cooperation and also envisage consolidating their collaboration in diverse areas.

He said as a strategic partner China is providing support for national development drive through participating in transportation, construction and industrial development.

The Premier said that the agreements with the Chinese Export-Import Bank signed yesterday provides 100 million USD loan for road sector development.

Chairman Xu Shaoshi also said Ethiopia is a symbolic African country that reflects China's significant role in the continent. The two countries are also working in industry, business and investment for mutual benefit.

What to read next

Kenya and Ethiopia to cooperate on infrastructure projects
Ethiopia eyes 50 percent import needs via Port Sudan
Ethiopia mulls electricity export to South Sudan, Somaliland