Dynamics 365: Entity 'ConnectionRoleObjectTypeCode' With Id Does Not Exist

When importing a solution, you may encounter an 0x80040217 error message similar to Entity 'ConnectionRoleObjectTypeCode' With Id = f55ec6d0-b9b6-ec11-983f-0022481833b1 Does Not Exist.

This is a known issue related to Connection Roles. This issue can be resolved by switching the record type from All to Only these record types for the Connection Role specified in the solution import XML file.