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China, Ethiopia sign 16 cooperation agreements


05-05-2014 17:23 BJT

Full coverage: Chinese Premier Li Keqiang Visits Africa

China and Ethiopia have signed 16 cooperation agreements covering areas such as the economy, electricity and mineral exploration. The agreements were signed on the second day of Chinese Premier Li Keqiang’s visit to Ethiopia.

Li arrived in Addis Ababa on Sunday at the start of his four nation tour of Africa. He was greeted by Ethiopian Prime Minister Hailemariam Desalegn. In later talks between the two leaders, Li spoke highly of the rapid development of China-Africa relations in recent years, as well as their close coordination and cooperation in international and regional issues.

Desalegn said the Chinese Premier’s visit will help further strengthen relations between the two countries. After their talks, the two leaders witnessed the signing of a series of bilateral cooperation agreements. They further boost the economic and trade ties between the two nations.

Chinese firms have invested heavily in Ethiopia in recent years, with the value of investment exceeding well over 1 billion US dollars. It’s the first time Premier Li has visited Africa as Chinese Premier and it’s also his first foreign visit this year.

"China and Africa’s destiny is closely linked. We supported each other during the struggle for independence. And in the course of national development, we have always treated each other as equals," Li Keqiang said.

"Our relationship is a strategic relationship and it is not only for one year or two years or some years only. It is a strategic relationship. It is growing from time to time, strengthening from day to day and we want to nurture and expand this relationship between our two countries," Hailemariam Desalegn said.

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