Addis Ababa, April 29, 2022 (FBC) – Close to 60 Chinese and Ethiopian import and export companies including trade associations participated in an event held vitually to promote Ethiopian Sesame product.
On the occasion, Ambassador Teshome Toga stated that China and Ethiopia have been enjoying warm relations and cordial friendship based on mutual respect and trust.
He added that, being an active player in FOCAC and BRI, Ethiopia has proved itself as a most reliable partner of China.
Ethiopia is not only one of the sesame growing and exporting countries in Africa, but also has high quality sesame seed varieties suitable for wide range applications, and become well-known in the global trade.
Rong Weidong, Vice President of China Chamber of Import and Export of Food Staffs, Natural Produce and Animal Bi-Products (CFNA), on his part mentioned that; the sesame import in China has increased year by year and has led China to be the largest sesame importer in the world.
Among them, the import of sesame from Africa accounts for about 90pct of the total import.
He added that, over the past 50 years since the establishment of diplomatic relations between China and Ethiopia, bilateral economic and trade cooperation has developed steadily and he mentioned that China has become Ethiopia’s largest trading partner, mainly through exporting all kinds of machinery and equipment to Ethiopia and importing sesame and other oil crop products.
Weidong reminded that, at the Eighth Ministerial Conference of The Forum on China Africa Cooperation, President Xi Jinping proposed China and Africa should deepen practical cooperation, carry out trade promotion projects and expand the scale of trade and investment.
Weidong believed that China and Ethiopia sesame trade cooperation will take advantage of the “China-Africa Cooperation Vision 2035” to deepen mutual trust and develop for the better.