Ethiopia and France have strengthened their strategic development partnership with the signing of historic agreements that advance Ethiopia’s macroeconomic reform agenda and economic recovery efforts.
Ethiopia’s Minister of Finance, Ahmed Shide, and Mme Eléonore Caroit, French Minister Delegate for Europe and Foreign Affairs, formalized the agreements during a ceremony held in Addis Ababa.
In a major milestone, Ethiopia and France signed the first bilateral debt restructuring agreement between Ethiopia and a member of the Official Creditor Committee (OCC) under the G20 Common Framework.
The Ministry of Foreign Affairs said the agreement marks a significant step forward in Ethiopia’s external debt treatment process. (ENA)
