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Ethio-China trade hit 5.4 billion USD in 2016
From:Xinhua  |  2017-08-11 17:59

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ADDIS ABABA, Aug. 11 (Xinhua) -- Trade between Ethiopia and its largest trading partner China hit 5.4 billion US dollars in 2016.

Speaking to Xinhua on Friday, Wondimu Filate, Head of Public Relations and Communication Affairs Office at the Ethiopia Ministry of Trade (MoT) said the trade between the two nations has accelerated after the establishment of the Forum on China-Africa Cooperation (FOCAC) in 2000.

"FOCAC created an important platform for collective dialogue and the effective mechanism of practical cooperation between African states including Ethiopia and China," he said.

Ethiopia exports to China include agricultural, industrial and mineral products including coffee oil seeds, sesame, leather, and tantalum, while China's exports to Ethiopia consists of industrial products including self-propelled railway coaches, apparatus for transmission, engines and motors.

"Ethiopia's relationship with China has provided Ethiopia with economic development that it can own by itself based on principle of mutual respect and non-interference," said Filate.