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Chinese corporate leaders strengthen ties, trade relations

A large delegation of Chinese corporate leaders from the Shandong region has visited Ethiopia this week. Headed by the China Council for the Promotion of International Trade of Shandong Sub-Council, the delegates met with their counterparts in Ethiopia and held a Shandong Ethiopia Business Forum in the capital.

EU pledges EUR 40 bln grant through AfCFTA

During a two-day Africa Continental Free Trade Area (AfCFTA) regional Trade Forum on the Horn of Africa, the European Union (EU) has pledged it will grant Africa with EUR 40 billion to help create 10 million jobs.

New authority to regulate petroleum, its business

The House of People’s Representatives (HPR) has approved a draft legislation for the establishment of Petroleum and Petroleum Products Supply and Distribution Regulatory Authority. First tabled before the House in April this year, entitled, ‘a Proclamation to provide for the Establishment of Petroleum and Petroleum Products Supply and Distribution Regulatory Authority, was referred to the Trade and Industry Affairs Standing Committee for further revision.

Trade week to showcase China’s influence

Set to showcase and complement the growing influence of China within the country, the 3rd China Trade Week (CTW) is set to be launched in Addis Ababa inside the Millennium Hall. The three-day event is set to highlight and promote the work of Chinese producers and manufacturers looking to do business in Ethiopia.