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Ethiopia is planning to submit its offer on services to the World Trade Organization in September 2013 as part of its accession bid. Ethiopia is currently working on offers for 160 service industries, some of which are controlled by the state.

Last year, Ethiopia has submitted suggested tariffs on goods to member countries for negotiation, Geremew Ayalew, head of the trade relation and negotiation directorate at the Trade Ministry, said in an interview with Bloomberg in Addis Ababa.

Ethiopia has launched a test run as part of efforts to export electricity to Sudan according to sources at the Ethiopian Electric and Power Corporation.

The test run for power supply was launched this week after the finalization of the Ethiopia-Sudan Transmission Line set up at a total cost of 41 million US dollars confirmed authorities at the EEPCo.

Ethiopia expects to provide 100 Mega Watts of electricity during the test run according to the source.

Ethiopia has secured victories in two major international arbitration cases, successfully defending claims exceeding USD 850 million and strengthening its position in international dispute resolution.

Ethiopia’s Ministry of Livestock and Fishery Development disclosed 3.47 billion liters of milk was produced and consumed in the first 6 months of current fiscal year.

The Ethiopian Sugar Corporation, made up of the Wonji Shewa, Metehara and Finchaa sugar factories in Ethiopia, produced 73,862 tons of sugar in the first two quarters of the Ethiopian fiscal year.

The sugar Corporation was able to distribute 206,372 tons of locally produced sugar in the last six months in addition to its imported stock.

The sugar factories were also able to produce 3,885,760 liters of ethanol as a by-product of sugar production to be blended with benzene to lower the costs of gasoline imports.