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Ethiopia and China Reach Debt Resolution, Paving Way for Bilateral Deal: Finance Ministry

Ethiopia and China Reach Debt Resolution, Paving Way for Bilateral Deal: Finance Ministry

Sputnik Africa

Ethiopia and China Reach Debt Resolution, Paving Way for Bilateral Deal: Finance Ministry The new resolution with Beijing on debt treatment reaffirms both... 04.04.2026, Sputnik Africa

2026-04-04T12:08+0200

2026-04-04T12:08+0200

2026-04-04T12:24+0200

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Ethiopia and China Reach Debt Resolution, Paving Way for Bilateral Deal: Finance Ministry The new resolution with Beijing on debt treatment reaffirms both countries' commitment to working within the G20 Common Framework toward a formal bilateral agreement, the Ethiopian finance ministry announced.Discussions also covered ongoing projects and new financing, including the planned Bushoftu International Airport, according to the ministry. The deal comes as Ethiopia faces legal challenges from bondholders over a stalled $1 billion Eurobond restructuring. The dispute has delayed the country's emergence from external default, first triggered in 2023 after a missed coupon payment. Subscribe to @sputnik_africa Sputnik Africa | X

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