Semereta Sewasew Aweke: Asia's Support Spurs Ethi…

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In the afternoon of March 28, 2024, the Boao Forum for Asia (BFA) held a conference on “Financing a Greener ‘Belt and Road’”. Ms. Semereta Sewasew Aweke, the State Minister of Finance for Economic Cooperation, Federal Democratic Republic of Ethiopia, emphasized a decade-long strong, growing strategic partnership between Ethiopia and China .

Ms. Semereta emphasized the significance of economic growth and infrastructure development in Ethiopia. Ethiopia had experienced significant economic growth, with a 10% growth rate over the past 20 years. Poverty rates had decreased from 40% to 23%, and the economy had grown by 6.2% the previous year. She believed China had played a crucial role in financing infrastructure projects such as roads, highways, railways, and manufacturing, with over 70 large-scale projects invested in Ethiopia since 2008. Notable projects included the 760-kilometer Addis Ababa-Djibouti railway and Africa's largest airport, serving 26 million passengers annually. Foreign direct investment from China alone had reached $4 billion, the highest in the world.

Ms. Semereta called upon Asian governments to continue supporting Ethiopia's comprehensive economic growth plan. Ethiopia sought to attract investments from Asian countries in sectors like mining, hospitality, and tourism, aiming to diversify its economy and attract high-level investments. She expressed confidence that such investment opportunities could encourage more Asian countries to support Ethiopia's green investment initiatives.

In conclusion, Ms. Semereta looked for more communication. ‘We hoped that the Boao Forum for Asia would serve as a platform to facilitate more dialogues,’ she said, ‘allowing governments like ours in Ethiopia to access increased investment and financing opportunities."

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原标题：《Semereta Sewasew Aweke: Asia's Support Spurs Ethiopia's Progress》

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