Chinese premier visit to Ethiopia aims boosting relationship

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Addis Ababa, 2 May 2014 (WIC) - To boost its relation with Africa and Ethiopia, Prime Minister of China, Li Keqiang, and Chinese business delegates are expected to arrive Addis Ababa, Ethiopia, over the weekend to meet with African Union Chairperson and Prime Minster of Ethiopia.

From Sunday (May 4-6, 2014) the Premier with Chinese investors will sign 17 agreements with Ethiopian government, according to Chinese Ambassador to Ethiopia, Xie Xiaoyan who briefed journalists yesterday in Addis Ababa.

“There will be quite a number of agreements to be signed between the two countries in areas such as political, economic, trade, investment, culture and education,” the Ambassador said.

“Ethiopia is a very important country to China. The relationship between the two countries reflects the closeness of our nations. China is a major partner in the infrastructure development in Ethiopia such as road, railway, bridges and airports that have mutual benefit for both countries. China and Ethiopia’s cooperation on infrastructure has set a good example for the rest of Africa,” he said.

During his stay in Ethiopia, the premier is expected to visit some of the infrastructure projects supported by Chinese government and implemented by Chinese companies such as the 80 kilometers express highway linking Addis Ababa with Adama city that scheduled to be inaugurated on May 5, 2014.

Indicating that the Premier’s visit of Africa includes Nigeria, Angola and Kenya, Ambassador Xiaoyan said,”…China also wants to be partner in connecting the horn of Africa by engaging in infrastructure developments such as roads and railways”.

In addition to infrastructure, China has also been engaged in manufacturing and resources development areas such as energy. During his meeting with African Union Chairperson, Dr. Nkosazana Dlamini Zuma, the Premier is also expected to talk about how China can help agriculture development of Africa.

China - Africa total trade year reached $210 billion for the first time.  With around 30% annual growth over the last few years China’s overseas investment in Africa has also mounted to $25 billion last year. (New Business Ethiopia)