Written by Mohammed Taha Tewekel | From Awramba Times

The Ethiopian government on Saturday received nine new vessels worth over $300 million from China at a ceremony organized in Djibouti.

“The vessels are not only Ethiopian assets but they are also Djibouti’s properties,” Ethiopian Prime Minister Hailemariam Desalegn said at the ceremony.

“The vessels indicate the rapid development in Ethiopia,” he added.
Named after the capital cities of Ethiopia’s regional states, the vessels were built with loans from the Chinese government.

Most of Ethiopia’s exports and imports are transported through the Port of Djibouti, which is located 900km east of Ethiopian capital Addis Ababa.

“Djibouti benefits from Ethiopia’s rapid development and in turn Djibouti’s growth is an advantage to Ethiopia,” Djiboutian President Ismail Omar Guelleh told the ceremony.

“The relation between Ethiopia and Djibouti is not limited to a government-to-government level but it has been intensified in people-to-people ties,” he said.

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