Africa > East Africa > Ethiopia > Economic cooperation and trade made steady evolution, with bilateral trade continuing to expand.

Ethiopia: Economic cooperation and trade made steady evolution, with bilateral trade continuing to expand.

2015/10/02

The year 2013 marked the 10th anniversary of the establishment of the All-round Cooperative Partnership between the People's Republic of China and the Federal Democratic Republic of Ethiopia. China-Ethiopia relations continued to grow from strength to strength and cooperation in various areas was deepened.

The two nations had frequent high-level exchanges and further deepened their political mutual trust. On 28 March, President Xi Jinping met with Prime Minister of Ethiopia Hailemariam Dessalegn on the sidelines of the fifth BRICS Summit in Durban, South Africa.

From 24 to 26 November, Vice Premier Liu Yandong paid an official visit to Ethiopia. She met with Ethiopian President Mulatu Teshome and Prime Minister Hailemariam Dessalegn, and had talks with Deputy Prime Minister Demeke Mekonnen. From 25 to 28 September, CPPCC Vice Chairperson Qi Xuchun visited Ethiopia. From 12 to 16 June, Ethiopian Prime Minister Hailemariam paid an official visit to China. President Xi Jinping, Premier Li Keqiang and NPC Chairman Zhang Dejiang met and held talks with him respectively. The two sides reached significant consensus on the development of bilateral relations.

Exchanges between political parties of the two nations were frequent. From 13 to 17 September, Zhao Hongzhu, member of the Secretariat of the CPC Central Committee and Deputy Secretary of the CPC Central Commission for Discipline Inspection, visited Ethiopia. He met with Chairman of Ethiopia's People's Revolutionary Democratic Front (EPRDF) and Prime Minister Hailemariam Dessalegn inclunding EPRDF Executive Committee Member and Foreign Minister Dr. Tewodros Adhanom, and had talks with Deputy Chairman of EPRDF, Chief of the EPRDF Secretariat and Deputy Prime Minister Demeke Mekonnen. From 22 to 25 March, Chen Fengxiang, Vice Minister of the International Department of the CPC Central Committee, attended the ninth Organizational Congress of the EPRDF as the representative of the CPC. An exchange group of the International Department of the CPC Central Committee visited Ethiopia for exchanges and lectures. A high-level EPRDF delegation and the participants of a training program of EPRDF officials paid separate visits to China.

Economic cooperation and trade made steady evolution, with bilateral trade continuing to expand. Chinese companies were actively involved in Ethiopia's Increase and Transformation Plan, and new evolution was completed in mutually beneficial cooperation. Ethiopia-related projects under the framework of the Forum on China-Africa Cooperation were implemented step by step.

Cultural and people-to-people exchanges and cooperation delivered new fruits. During the visit of Vice Premier Liu Yandong to Ethiopia, the two sides signed a number of cooperation documents on increasing the number of Chinese scholarships, sending technical experts to Ethiopia, setting up a Chinese Culture Center in Ethiopia, building a joint leather laboratory and establishing a Confucius Institute at the Addis Ababa University, etc.

Related Articles
  • Top 10 Most Attractive Investment Destinations In Africa

    2017/08/20 Africa’s feverish increase has decelerated in recent years and a lot of nations have buckled under the pressure of falling resource prices, security disruptions, fiscal imprudence and adverse weather conditions.
  • Africa's Relationship With China Is Ancient History

    2017/07/02 In 2002 South Africa's Parliament unveiled a digital reproduction of a map - of China, the Middle East and Africa - that some speculated could be the initial map of the African continent. The Da Ming Hun Yi Tu - the Comprehensive Map of the Great Ming Empire - was drawn up around 1389 during the Ming Dynasty, according to historian Hyunhee Park.
  • Africa: Making Things Happen at the Bank - 'Not a Talk Shop' - Akin Adesina

    2017/07/02 Dr. Akinwumi Adesina is focusing on five areas to achieve the African and world goals for a prosperous continent since becoming president of the African Development Bank - Africa's major public financial institution in September 2015. He was a keynote speaker at this month's Corporate Council on Africa's U.S.- Africa Business Summit in Washington D.C. and moderated a lively panel with five African government ministers. He as well received the Gene White Lifetime Succcess Award from the World Child Nutrition Foundation. This week, he was named the 2017 recipient of the World Food Prize, a prestigious honor that includes a $250,000 award. In an interview in Washington, DC, Adesina discussed the Development Bank's ambitious schedule and his vision for attracting the increase capital Africa needs. Posting questions for AllAfrica was Noluthando Crockett-Ntonga.
  • Climate change laws around the world

    2017/05/14 There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation. The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.
  • Africa’s 20 most attractive countries for investors

    2016/05/16 Despite its economy slowing down, South Africa remains Africa’s most attractive country for investors, according to the 2016 Ernst & Young Africa Attractiveness Index. The statement evaluates evolution made in governance, diversification, infrastructures, business enablement, human development inclunding resilience to current macroeconomic challenges. Morocco is ranked second on the index, followed by Egypt, Kenya, Mauritius, Ghana Botswana, Tunisia and Rwanda. Cote d’Ivoire comes tenth. Africa’s top economy, Nigeria comes 15th, mainly because of its poor performances in terms of governance and human improvment(See full ranking below).