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Ethiopia: China to Finance U.S.$293.5 Million of Nation’s Shipping Order

January 18th, 2011 Admin No comments

The Export-Import Bank of China has agreed to finance 80pc of the cost, projected to be 293.5 million dollars, for the building of nine vessels that Ethiopian Shipping Lines (ESL) is to acquire, the largest order the national flagship has made in its 46 years.

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Ethiopia: China to Finance U.S.$293.5 Million of Nation’s Shipping Order

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