Ethio-China Friendship & Cooperation Committee vows to support Ethiopia’s renewable energy initiatives

Addis Ababa, November 22, 2024 (FBC) – State Minister of Foreign Affairs, Ambassador Mesganu Arga, held discussions with senior members of the Ethio-China Friendship and Cooperation Committee at his office.

Betty Xu, Chairwoman of the Ethio-China Friendship and Cooperation Committee, shared that during her previous visits to Ethiopia, she observed Ethiopia’s vast investment opportunities and expressed interest in promoting these opportunities in the Chinese market and strengthening trade partnerships.

She emphasized the Committee’s commitment to working on various initiatives, including promoting Ethiopia’s coffee on the global stage. She also underscored the Committee’s priorities on supporting Ethiopia’s renewable energy initiatives and facilitating investments in the mining sector.

The Chairwoman further expressed the Committee’s interest in deepening the partnership between Ethiopia and China across various sectors, particularly in opening electric vehicle assembly plants, including those for three-wheelers and automobiles, in Ethiopia.

Ambassador Mesganu commended the Committee’s contributions to fostering Ethio-China relations and emphasized the need to maximize Ethiopia’s investment opportunities. He highlighted that among Ethiopia’s priority development sectors, the mining sector requires more focused efforts to attract Chinese investors.

The State Minister also noted the importance of promoting Ethiopia’s globally recognized coffee production and stressed leveraging upcoming cultural and investment promotion events to enhance cooperation between the two countries, as per MFA Ethiopia.

It is recalled that the Ethio-China Friendship and Cooperation Committee facilitated a field visit to Ethiopia for a large number of Chinese business organizations several months ago.