The parties discussed ongoing and potential new support to Ethiopia.

The EXIM Bank support for currently ongoing projects exceeds 600mil USD while recent support of USD 300mil has been signed under the Korea-Ethiopia Economic Development Cooperation Fund for the 2019-2020 period.

The Export-Import Bank of China is a state-funded and state-owned policy bank with the status of an independent legal entity. It is a bank directly under the leadership of the State Council and dedicated to supporting China’s foreign trade, investment and international economic cooperation.