Bole Medhanealem,
In front of Kebe Cake Rehobot Apartment Building 1st Floor
Addis Ababa, Ethiopia
P.O.Box 25378/1000
Chinese Zero-Tariff preferential treatment for 98 percent of Ethiopian export items will take effect as of March 1 this year. China sees tangible benefit for Ethiopia from its new program.
The new work group is tasked to help both nations to accomplish their commitment to efficiently implement the development strategies of the ‘Nine Programs’of the eighth Ministerial Conference of Forum on China-Africa Cooperation (FOCAC) and the Belt and Road initiative.
According to information from the United States Institute of Peace, Chinese investment in Ethiopia is worth over $4 billion dollars. As many as 400 Chinese companies are operating in Ethiopia – mostly in the construction and manufacturing sectors.
Borkena (Febuary 21)
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