Ethiopia, China, and Germany have renewed their commitment to scaling up their triangular cooperation aiming at improving the environmental, social, and labor standards in the textile sector in Ethiopia and beyond. Highlighting that China remains to be the biggest investor in Ethiopia's textile industry, Zhao said with a population of over 100 million, Ethiopia continues to attract more Chinese investors to its textile industry. Melaku Alebel, Ethiopia's Industry Minister, said the triangular cooperation has helped Ethiopia attract more Chinese investors and promote its textile industry. When we look at the number of investors in Ethiopia, Chinese investors take the lion's share. The two-day conference discusses possible ways to create an enabling environment to promote sustainable textile industry development and raise awareness of ESG among all stakeholders in the textile industry in Ethiopia and beyond.

Source: Ethiopian News September 17, 2022 00:20 UTC