Zena Digest
Investment Commission and Chinese Embassy discuss strategic economic cooperation
Birr Metrics

Investment Commission and Chinese Embassy discuss strategic economic cooperation

The Ethiopian Investment Commission and the Chinese Embassy have held discussions aimed at attracting Chinese investment into Ethiopia's strategic mining sector, specifically potash and rare earth minerals. Deputy Commissioner Meleket Sahlu and Economic Counselor Liu Xiaoguang also addressed the implementation of the 'Digital Ethiopia 2030' strategy and efforts to mitigate the bilateral trade imbalance. China remains Ethiopia's largest trading partner, with bilateral trade reaching a record 4.72 billion USD in 2025. While no specific project financing was announced, the talks focused on leveraging China's expertise in mineral processing and expanding agricultural exports to the Chinese market. Ethiopia intends to prioritize mining in its development plans despite existing infrastructure and financing challenges in the Danakil region.

AI summary · may contain errors

Read the full story at Birr Metrics

Zena Digest
Ethiopian news in Amharic, Afaan Oromo, Tigrinya and English
Get it on Google Play

More Ethiopian news

All the latest news →