Invest Commission and China Chamber of Commerce Agree to Revamp Ties
ADDIS ABABA – The Ethiopian Investment Commission (EIC) agreed to revamp ita partnership with China Chamber of International Commerce, or CCoIC.
The EIC delegation led by its Deputy Commissioner Temesgen Tilahun is in China on a week-long official visit.
The deputy commissioner Temesgen and director General of the CCoIC Yang Hong on Sunday held discussions during which the pair expressed their keen mutual interest in advancing institutional cooperation.
“The two sides, hence, agreed to revamp the partnership and embark on planned joint trade and investment promotion works to strengthen bilateral trade and investment partnerships between the two countries,” EIC said in a statement.
Deputy Commissioner of EIC, Temesgen Tilahun and CCOIC Deputy Director General, Yang Hong expressed their keen mutual interest in advancing institutional cooperation.
The meeting came a day after the Ethiopian delegation made another working visit to the China Chamber of Commerce for Import and Export of Textiles (CCCT).
On the occasion, Deputy Commissioner Temesgen and CCCT’s vice chairman Zhang Xinmin discussed “mutual interest” and agreed to rebuild and lead partnership initiatives between the two institutions based on the 2016 EIC-CCCT cooperation agreement.
The two officials also stressed the need to develop a joint plan of action in facilitating business and investment ties in textile and apparel between the two countries.
The CCCT represents and coordinates over 12,000 companies whose investment and trade volumes account for 70 percent of the Chinese textile import and export business, per the EIC.
