Ethiopia Negotiating to Join WTO
Ethiopia resumes talks to join WTO (the World Trade Organization) after eight years.
Ethiopia resumes talks to join WTO (the World Trade Organization) after eight years.
Ethiopia’s Ministry of Mines, Petroleum and Natural Gas (MMPNG) is negotiating with the Chinese company POLY – GCL Petroleum Group for the construction of Ethio-Djibouti natural gas pipelines.
Ethiopia is in the process of negotiations with multinational retailer Walmart to facilitate the entry of the corporation in the
Ethiopian market.
A delegation sent by the Ethiopian government met with officials from the US based corporation last week according to sources.
The Ethiopian government is considering the move to invite Walmart as part of ongoing efforts to curb the surge of commodity prices.
After Ethiopia received international credit rating, Sufian Ahmed, Minister for Finance and Economic Development, commented the nation is not yet decided whether it should follow other African countries and enter the international debt market, Reuters reported.
Ethiopia's Ministry of Trade and Industry announced Ethiopia has obtained $1.33 billion from exports during the past five months. This stands at 94% of the $1.41-billion-target set for the period.