On the afternoon of May 19, the “Ethiopia-China Industrial Capacity Export and Investment Promotion Seminar” (“Promotion Seminar”) was held in Chongqing International Expo Center. Vice President Xie Zhenping of OSell attended the Promotion Seminar on behalf of the company and signed the Memorandum on Cooperation between Ethiopia and Chongqing Industrial Park.
The Promotion Seminar is one of the major events in the 19th China Chongqing International Investment and Global Sourcing Fair (CCISF), which is intended to strengthen cooperation on economy and trade between Chongqing and Ethiopia and help enterprises in Chongqing to ‘know about and understand Ethiopia and explore the considerable business potential there’
Ethiopia is home to the headquarters of United Nations Economic Commission for Africa (UNECA) and African Union (AU) and is known as the “Political Capital of Africa”. Relying on its outstanding regional advantage and its broad market, Ethiopia maintains a high level of growth and is now under implementation of its third five-year plan for economic development. The Promotion Seminar presents another opportunity for the vis-a-vis communication between Chongqing enterprises and Ethiopia.
Mr. Xie stated that, Chongqing, as a powerful engine for opening up and developing Western China, complements Ethiopia in funds, equipment, technology, experience and market, resources and labor, which enables both sides to draw strength from each other and raises the cooperation between two sides to a new level of development. Through the Promotion Seminar, OSell has a deeper understanding about Ethiopia and hopes to cooperate more with Ethiopia in the future.
