Chinese Vice President Li Yuanchao will visit Ethiopia next week, the Ministry of Foreign Affairs (MoFA) said. During his visit, the Vice President is expected to discuss with Ethiopia’s high level government officials, according to Tewolde Mulugeta, Spokesperson at the ministry.
Li Yuanchao’s visit is expected to take the bilateral relations of the two countries into a new high. The Chinese delegation led by the Vice President is also expected to sign various agreements.
During the past five years, Chinese investors have invested close to a billion dollars in Ethiopia. The trade volume between the two countries also hit over 1.3 billion US dollars.
More than 800 companies from China are currently engaged in Africa, including Ethiopia. They have created jobs for 80 million Africans.
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