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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.

The Ethiopian Shipping and Logistic Services Enterprise (ESLSE) announced that it has exempted its clients from paying charges for  storage and demurrage of their imported containers.

According to the announcement, the enterprise will relieve its customers from demurrage and storage fees for containers shipped through the multi-modal transport scheme and reached the Port of Djibouti before July 1, 2012.

Consorzio Toscana Shoe Components, an Italian Shoe machinery, footwear components and accessories manufacturer is planning to procure garment and leather products amounting to £5 million from Ethiopian leather products manufacturers. The company has assigned Swiss Social & General Services (SGS S.A) to carry out the quality inspection on its behalf. Add a comment Add a comment

Egypt is seeking increased meat imports from Ethiopia according to Prime Minister Hailemariam Desalgen. Egyptian investors have also submitted a proposal to establish a modern abattoir in Ethiopia he added.

Pastoralists in Ethiopia need to focus on opening markets for their livestock he explained speaking at the 14th Pastoralist Day celebrated in Oromia Regional State.

The regional government is working on expanding infrastructure and strengthening market centers according to  Abdulaziz Mohammed, Deputy President of Oromia. Add a comment Add a comment