Source: Xinhua| 2017-07-28 01:40:11|Editor: Mu XuequanVideo Player CloseADDIS ABABA, July 27 (Xinhua) -- Ethiopia and Sweden on Thursday signed a 2.82 billion Ethiopian birr (over 120 million U.S. dollars) grant agreement to enhance climate change resilience and improve livelihood opportunities. The framework agreement, which was signed between Admasu Nebebe, State Minister of the Ethiopian Finance and Economic Cooperation and Annika Nordin Jayawardena, Bilateral Development Cooperation Head at the Swedish Embassy in Ethiopia, also aims to promote sustainable and democratic development in Ethiopia. The agreement is used as a framework which leads the development cooperation of the two countries up to 2020, according to a statement issued by the Ethiopian Ministry of Finance and Economic Cooperation on Thursday. Nebebe, while signing the agreement, affirmed that Sweden has been supporting Ethiopia in education, health, water supply and rural development projects since the 1960s. She also indicated that the framework agreement will contribute to efforts in curbing the effects of climate change and the implementation of Ethiopia's green economy plan.

Source: Ethiopian News July 27, 2017 18:00 UTC