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Chinese bank mulls further financing for Ethiopian development projects

12-06-2011 11:08 BJT

ADDIS ABABA, Dec. 5 (Xinhua) -- Ethiopian Prime Minister Meles Zenawi on Monday met a senior official of the Export-Import (Exim) Bank of China on ways of further enhancing the bank's financial assistance to development projects in Ethiopia.

During a meeting here with Exim Vice President Zhu Hongjie, Zenawi said he is very grateful for China's assistance, as he understands that every penny China, also a developing country, lends to Ethiopia is out of generosity of the Chinese people.

Zhu told reporters that he had a fruitful discussion with Zenawi.

Zhu said Ethiopia and China have maintained very good relations for the past years in terms of politics, economics and culture.

Zhu was leading a high-level Chinese delegation for a working visit in Ethiopia. The delegation is expected to meet with senior Ethiopian officials and other pertinent bodies and visit development projects financed by the bank here in the country.

Editor:Zhang Hao |Source: Xinhua

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