The Ministry Foreign Affairs (MoFA) stated that the Ethiopian government had been making efforts to boost bilateral relations with different countries, Walta Information Center reported.
The Ministry of Industry opened a duty-free leather and leather products shop which was aimed at promoting the export of Ethiopian leather products at Bole International Airport.
According to Industry Minister Melaku Alebel, the realization of the duty-free shop will help in promoting the export of Ethiopian leather products.
In a policy shift aimed at enhancing foreign currency flexibility for exporters, the National Bank of Ethiopia (NBE) announced that exporters would be allowed to retain 50 percent of the foreign currency they generate indefinitely. Under this new system, exporters can sell half of their foreign currency earnings immediately and hold the remaining half in their accounts in Ethiopia without time restrictions.
Oxford University Press released a new book on Ethiopian economy, dubbed The Oxford Handbook of the Ethiopian Economy, with an aim to present the analysis of the country’s economy in the past and the present, and that prospects where the economy is headed in the future.
Ebiz Online Solutions PLC has released a new tender app on its popular Ethiopian business portal, 2merkato.com. The app is mobile friendly and equipped with efficient filtering and searching functionalities and is valuable for researchers who seek to study the buying trend of government offices, NGO's and international organizations in Ethiopia.
