A high-level delegation from the Addis Ababa Chamber of Commerce led by its President Zehara Mohammed, held discussions with His Excellency Chen Hai, Ambassador of People’s Republic of China to Ethiopia to further strengthen trade and investment ties between the two nations.
During the meeting, the Chamber’s President Zehara Mohammed noted that both countries have enjoyed long-standing diplomatic and economic relations & emphasized that Addis Chamber has been working closely with the embassy to enhance business-to-business relations and explore the diverse opportunities both countries offer.
Addis Chamber’s Acting Secretary General, Zekarias Asefa, also highlighted the importance of building and nurturing a strong trade relationship with China and with various city chambers across the country.
He added that the Chamber and the Embassy are committed to exploring new opportunities that can increase trade volumes.
During the discussion, Chinese Ambassador to Ethiopia Mr. Chen Hai stated that this type of partnership could help to unlock both countries’ economic potential, particularly by connecting businesses from both sides.
He further noted that both entities should work to tap into vast untapped potential, and foster a win-win partnership for businesses in both countries.
Ambasaador Chen expressed the Embassy’s interest in boosting the economic and business relationship between the two nations.
He also expressed his embassy’s readiesss to work closely with Addis chamber in promoting trade and investment promotion as well as supporting in areas of capacity building by providing short and long term trainings to the chamber staffs in china.
The discussion also addressed the challenge of access to organized business information, which is one of the issues facing the Ethiopian private sector.
In response, the Embassy expressed its willingness to collaborate in sharing, exchanging, and disseminating business and investment opportunity information to Addis Chamber members to support informed decision-making.
The trade volume between the two has reached more than 7 billion USD in 2024.
Addis Chamber is one of the oldest chamber of commerce in Ethiopia and member of the international Chamber of Commerce serving close to 78 years supporting the business community.
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