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 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
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 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
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
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