China remains committed to support Ethiopia’s dev’t activities: Premier Li Keqiang
Addis Ababa, 6 May 2014 (WIC) – Chinese Prime Minister Li Keqiang said that his country will continue assisting Ethiopia’s massive development activities.
The visiting Chinese Premier Li Keqiang held discussion with Ethiopian President Dr Mulatu Teshome here today.
Foreign Affairs Spokesperson Ambassador Dina Mufti who attended the discussion told journalists that China will provide financial and technical support to Ethiopia’s effort to reduce poverty and improve the livelihood of its people.
Premier Li also pledged to support the second phase of the Growth and Transformation Plan (GTP) of Ethiopia.
During his state visit to Ethiopia, Li Keqiang approved 3 billion US dollars loan for the Ethio-Djibouti railway project.
He also pledged to provide 475.6 million birr as grant and 475.6 million birr interest free loan to Ethiopia to finance development projects.
Ethiopian President Dr Mulatu Tosheme, who thanked Chinese premier for his promises, said that China is providing what Ethiopia needs to its booming economy.
The president also said his country is ready to expand cooperation with China in the construction of rail, road and other infrastructure.