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Ethiopia highlights China’s efforts to promote African development

ahmed-shide

Ethiopia highlights China’s efforts to promote African development

Addis Ababa, Nov 29 (Prensa Latina) Ethiopia's Finance Minister Ahmed Shide highlighted China's policy to promote the development of African countries, while commenting on the 8th edition of the ministerial meeting of the Forum on China-Africa Cooperation (FOCAC), which began on Monday.
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According to Shide, FOCAC is fundamental in the construction and improvement of airports, water and power plants, factories and industrial parks, with a profound impact on job creation and poverty eradication.

This is a highly effective and robust mechanism, he added, that boosts the development of major infrastructure to generate a greater connectivity, increase trade activities and encourage foreign direct investments in the continent. It also creates an environment conducive to business growth based on shared responsibilities, welfare for all, joint cultural prosperity, common security and harmony between man and nature, the minister wrote.

The 8th edition of the ministerial meeting of the Forum began this Monday and concludes on Tuesday in Dakar, Senegal.

mh/iff/jf/raj

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