Worldbulletin News

Worldbulletin News Worldbulletin News Portal


02:39, 18 September 2014 Thursday
Update: 14:54, 04 May 2014 Sunday

  • Share
Ethiopia's Desalegn hails China PM visit- UPDATED
Ethiopia's Desalegn hails China PM visit- UPDATED

The Chinese premier is in Addis Ababa on the first leg of a regional tour that will also take him to Kenya, Angola and Nigeria

World Bulletin/News Desk

Ethiopian Prime Minister Hailemariam Desalegn has hailed an imminent visit by his Chinese counterpart Li Keqiang to Addis Ababa, saying it will help further strengthen relations between the two countries.

“China supports Ethiopia’s development endeavors, such as construction of roads and railway among other projects,” Desalegn was quoted by state-owned Addis Zemen daily as saying.

“The visit to the four countries, which are home to the largest number of Africa’s population, will help to boost the existing Africa-China relations,” the Ethiopian premier said.

Trade exchange between Africa and China has reached $2 billion with over 2500 Chinese companies operating in the continent.

China PM arrives in Addis Ababa

Chinese Prime Minister Li Keqiang arrived on Sunday in the Ethiopian capital Addis Ababa.

Ethiopian Prime Minister Hailemariam Desalegn welcomed the Chinese premier at the Addis Ababa Bole International Airport.

The Chinese premier is expected to hold talks with senior Ethiopian officials, including President Mulatu Teshome and Desalegn.

He will also meet representatives from the Chinese business community in Ethiopia.

On Monday, Keqiang is due to attend the inaugural ceremony of Ethiopia's first ever 80-km expressway, constructed with a loan from the Chinese Export Import Bank (EX-IM).

The expressway links Addis Ababa to the country's main southeast road, which also extends to the Port of Djibouti.

There are over 500 Chinese companies currently operating in Ethiopia with over $1.5 billion total investments.

Ethiopia-China diplomatic relations were first established in 1970.

China is one of Ethiopia's main partners in infrastructure development, construction and technology transfer, and represents Ethiopia's number-one investor, followed by India and Turkey.

The Chinese premier will also visit the African Union headquarters, where he will visit the 20-storey African Union Conference Center and Office Complex (AUCC) built by the Chinese government at a cost of $200 million as a gift to Africa.

A high-level Chinese delegation led by Chinese Deputy Prime Minister Liu Yandong visited Ethiopia last November. Desalegn himself visit China last year.

 

 



Legal Notice: Copyright, trade marks and other intellectual property rights in this website can not be reproduced without the prior permission.

  • Share


Most Read



Yandex.Metrica