Ethiopia hails ties with China as model of successful South-South cooperation

Xinhua News Agency, August 30, Addis Ababa Ethiopia Ministry of Foreign Affairs said on Thursday that the relationship between Egypt and China can be regarded as a model of the success base of South-South cooperation.

In a statement announced on Thursday, the agency said that a comprehensive partnership between Ethiopia and China represents a sustainable and predictable relationship in various enterprise areas, effectively succeeding in the South-South partnership model He said that he demonstrated.

According to the ministry, the two countries have achieved one of the increasingly successful relationships in infrastructure development, trade investment and development finance.

According to the ministry, East African countries now have more than 400 Chinese investments, worth more than $ 4 billion, generating more than 100,000 jobs for Ethiopians.

The ministry also repeated that China's investment in Ethiopia is primarily the Ethiopian government's top priority, mainly manufacturing and infrastructure construction.

It also shows that about 105 out of more than 400 Chinese investments in East African countries are joint ventures between Ethiopia and Chinese investors and shows a positive relationship between the economic circles of both countries I will.

The ministry further committed a firm commitment for the Ethiopian government to further deepen relations between the two countries during the 2017 - 2018 fiscal year, which ended in Ethiopia.

According to the ministry, the visiting Ethiopian government officials effectively discussed the future diplomacy, investment and other priority partnerships with Chinese related representatives.

The two countries also reached a strategic agreement on further strengthening human relations, which pave the way for human development partnership between the two countries.

Djibouti's foreign relations are governed by the international cooperation of the Ministry of Foreign Affairs and Djibouti. Djibouti has a close relationship with the governments of Somalia, Ethiopia, France and the United States. The relationship with Somalia is particularly intimate, as Somalis in Djibouti often identifies with the southern compatriots. The relationship with Eritrea is very nervous due to the territorial claim against the Dumeira Peninsula. Since the 2000s, the Djibouti authorities have strengthened relations with China. Djibouti also actively participates in the issues of the Arab League and the African Union.

Cooperation between China and Africa is an important part of South-South cooperation. South-South Cooperation is an important means for developing countries to unite, cooperate and develop together. In light of the current international political and economic circumstances, strengthening South-South cooperation is an extremely important and urgent task. Only by unifying, developing countries can strengthen their cooperation in various fields, improve their position in the inter-Korean dialogue and effectively develop international rules to better protect their interests Can participate. In the case of economic cooperation, further strengthening South-South cooperation has room for development. Government support and corporate participation are necessary for South-South cooperation