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Seven farmer's cooperatives from Oromia Regional State have supplied 20,000ql of durum wheat, worth 19 million birr to Dire Dawa Food Complex and Kaliti Food SC. The cooperative have been retained to supply 3000ql for the next farming season.

The wheat supplied has been grown as part of the ‘Agricultural Value Chains in Oromia’ project, under the Ethio-Italian Development Cooperation, which focuses on durum wheat and wild coffee developments in Oromia. The farmers have retained 3,000ql for the next farming season.

The Indian Trade Promotion Organization is to book one pavilion of the the Addis Abeba Exhibition Center, for the forthcoming 18th Addis Abeba Chamber of Commerce & Sectoral Association (AACCSA) International Trade Fair.

The Indian Trade Promotion Organization is still in negotiation with the AACCSA and  both parties expect to sign a Memorandum of Understanding (MoU) in August, Gashaw Abate, trade investment promotion director at the AACCSA, told Fortune.

“Since the number of companies attending the exhibition from India is increasing every year, we should have separate space,” Parmod Rai Sood, manager of the Indian Trade Promotion Organization told Fortune. Add a comment Add a comment

Ethiopian Shipping and Logistics Service Enterprise concluded agreement with 40 shipping agents drawn from 31 countries to facilitate the import-export trade of the country.

During the signing ceremony, the enterprises Deputy Director General, Chief Alemu Ambaye stressed the importance of working in cooperation with shipping agents for efficient import-export trade.

Ethiopian producers and companies are set to increase their exports to the European Union as a result of a new change in the Generalized System of Preference agreement scheduled to take effect in January 2014.

The changes made to the new GSP will benefit Ethiopia by avoiding its competitors which previously used to benefit under the GSP scheme.

Ines Escudero Sanchez, Director General for Trade at the European Union, informed journalists at a press briefing held at the premises of the European Union (EU) in Addis Ababa on Monday, February 25, that the Generalized System of Preference agreement  has  been reviewed and the changes will take effect as of 1st of January, 2014.