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Ethiopia signed Double Taxation Agreements with four countries; China, India, Egypt and Sudan.

The agreements were presented to the House of Peoples’ Representatives for approval with the agreements expected to become active once they are ratified by the House.

The agreements will protect investors from double taxes on the same declared income thus enabling business from China, India Egypt and Sudan to pay income tax only once according to the Ministry of Finance and Economic Development.

Ethiopia has signed its first country framework agreement with the International Solar Alliance (ISA), highlighting the nation’s growing role in advancing solar energy solutions for agriculture and economic development in Africa.

Ethiopia has concluded a grant agreement worth Euro 1.1 million with COMESA on Thursday, May 4, 2015 to finance its regional integration programmes, COMESA reported.

Initial customs agreement had been signed between the UAE Federal Customs Authority (FCA) and Ethiopian Revenues and Custom Authority (ERCA) for mutual technical support concerning custom related issues, The Daily Monitor reported.

Ethiopia has reached another important milestone in its effort to join the World Trade Organization, signing a Bilateral Market Access Protocol with New Zealand at the WTO headquarters in Geneva.