Ethiopian ambassador to China Teshome Toga Chanaka said the two sides were in talks to restructure loans that have “put serious stress on our repaying capability”. Photo: Simon Song
Ethiopia in talks with China to ease ‘serious debt pressure’ tied to New Silk Road rail link, envoy says
- But Ethiopian ambassador to China Teshome Toga Chanaka insists signing on to the Belt and Road Initiative ‘makes a lot of sense’
- He rejects criticism that the plan is a ‘debt trap’ for developing economies
Topic |
China-Africa relations
Ethiopian ambassador to China Teshome Toga Chanaka said the two sides were in talks to restructure loans that have “put serious stress on our repaying capability”. Photo: Simon Song