In an exclusive interview with APP, he said that Ethiopia and Pakistan would develop a legal trade framework that further incentivizes both countries’ in­vestors and enhances trade volume. Commenting about Ethiopia’s inter­est in CPEC, he said that CPEC is one of the grand infrastructure projects be­tween Pakistan and China. It will link Pakistan with the rest of the world, adding that the Gwadar and Djibouti is the shortest route, and strategical­ly it can connect Pakistan to the rest of Africa. Under the Belt and Road Initia­tive, the Railway project from Djibou­ti to Addis Ababa Railway has already been completed. While the exports of Ethiopia to Pakistan are about $24.6 million, Paki­stan’s exports to Ethiopia are $38.6m.

Source: Ethiopian News September 10, 2022 09:17 UTC