Ethiopia-Indonesia Trade Exchange Grows Fivefold

Ambassador Ramil Saud Addis Ababa, Ethiopia –  The annual trade exchange between Ethiopia and Indonesia has jumped from 70 million USD to 350 million within the last three years, the Indonesian Ambassador in Ethiopia said. Ambassador Ramil Saud said significant progress in trade and people-to-people relationship was registered during the past three years. The fivefold growth in trade […]

Ethiopia Takes Steps to Derive Benefits From U.S.-Africa Trade Pact

PRESS RELEASE Addis Ababa — The African Growth and Opportunity Act (AGOA), enacted in May 2001, is a signature US trade initiative that provides Sub Saharan African Countries with a most liberal access to the U.S. market. Much progress has been made under the Act over the last thirteen years. Since 2000, exports under AGOA […]

Ethiopia expected to join WTO in 2015

By Aaron Maasho Addis Ababa, Ethiopia – (Reuters) – Ethiopia expects to join the World Trade Organization in 2015 without heeding to demands that it liberalizes its state-run banking and telecoms sectors, the Foreign Ministry said on Wednesday. The Horn of Africa nation applied to join the body in 2003, but its hopes for membership […]

U.S. Embassy Hosts Trade Mission to Ethiopia

US Trade Mission Press Release Eight U.S. Firms from the State of Illinois Visit Addis Ababa ADDIS ABABA – From May 13 to 15, the U.S. Embassy hosted industry representatives from the State of Illinois as part of a trade mission to Ethiopia.  The eight American firms represented offered a broad range of products and services from a […]

Dubai Chamber opens first African representative office in Ethiopia

Dubai Chamber Press Release •New office to boost two-way trade and investment between Dubai and Ethiopia and the rest of Africa •Buamim: Dubai Chamber sees strong potential to increase bilateral trade and integration of the two countries’ business communities •Ethiopian State Minister of Trade: 58% annual average trade growth rate between Ethiopia and the UAE during the period 2004 […]

Ethiopia & UK to strengthen business ties

Ruma Deb Addis Ababa, March 27 (WIC) – Business delegates from United Kingdom on Monday held a discussion with Ethiopian counterparts to explore business opportunities in the two countries. A total of 10 business venture representatives from London, part of the 60 business delegates who are on similar mission in Uganda and Kenya, have met with more than […]

Ethiopia bans cement import

Mugher_Cement Addis Ababa, Ethiopia – Ethiopia banned importation of cement as the volume being produced in the country is enough to meet local demand, according to the Ministry of Trade. Ministry Corporate Communication Directorate Director, Melaku Taye, told WIC the import-banning measure was taken since the existing and the newly built factories managed to inject over […]
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