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Ethiopia and China’s Yingke Law Firm assess cooperation

Addis Ababa, Jun 7 (Prensa Latina) Ethiopia's Ambassador to China, Tefera Derbew, and Xi Yu, Director of Yingke China Board, reportedly assessed areas of mutually beneficial cooperation.

During a visit to the headquarters of the Chinese law firm, Derbew highlighted the abundance of resources and workforce that allowed the implementation of internal economic reforms to improve the development of the African country, quoted by Fana Broadcasting Corporate.

He stated that those favorable conditions served Chinese companies to choose Ethiopia as their investment destination. He urged Yingke to cooperate with the Ethiopian Embassy to benefit both countries.

Xi Yu, who came accompanied by Yingke Africa Executive Director Cao Xinglong, stated that his firm ranked first in the 2022 Global 200, ranking the world’s largest law firms.