Ethiopia Nears Debt Deal Milestone As Finance Minister Meets Chinese Delegation

Addis Ababa — Finance Minister, Ahmed Shide held a meeting with Chinese Ambassador to Ethiopia, Chen Hai, and a delegation from the Export-Import Bank of China (China Exim Bank) to discuss matters of mutual economic interest.

The discussion focused on exploring potential avenues for financing the Bishoftu International Airport.

The delegation and Ethiopian counterparts further discussed the progress under Ethiopia's G20 Common Framework debt restructuring.

Minister Ahmed Shide expressed his appreciation to China for its leadership as Co-Chair of the Official Creditor Committee (OCC) and for its constructive support throughout the restructuring exercise.

As the process approaches its final stages, Ahmed underscored the importance of maintaining momentum and welcomed China's continued support, including in facilitating the conclusion of negotiations with Ethiopia's commercial creditors.

AllAfrica publishes around 600 reports a day from more than 90 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.