The Chinese delegates finalised sourcing agreements and explored investment partnerships with Ethiopian partners, according to a report from the International TradeCentre (ITC), which organised the visit. 

Established in 1964, ITC is a joint agency of the World Trade Organization and the United Nations. The visit was part of ITC’s Partnership for Investment and Growth in Africa (PIGA) project. 

CCCT has over 12,000 Chinese textile companies as its members. 

One Chinese firm agreed to source 1.5 million pieces of beach shorts from a textile factory located in the Bole Lemi Industrial Park, a specialized export zone on the outskirts of Addis Ababa. 

A business-to-business event organized by the PIGA team for the delegation and local manufacturers generated six prospective investment partnerships for three local companies with values ranging between $1 million and $5 million.