The compatibility of trade policy with domestic policy interventions in ethiopia
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The Compatibility of Trade Policy with Domestic Policy Interventions in Ethiopia Amdissa Teshome Consultant Elements of trade policy Liberalisation Investment Policy/FDI Policy on Cross Border Trade Financial Sector Policy Rural Development Policy Food Security Strategy/Safety Net PRSP

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The compatibility of trade policy with domestic policy interventions in ethiopia l.jpg

The Compatibility of Trade Policy with Domestic Policy Interventions in Ethiopia

Amdissa Teshome

Consultant

+251 (0) 91 117 7069


Elements of trade policy l.jpg
Elements of trade policy Interventions in Ethiopia

  • Liberalisation

  • Investment Policy/FDI

  • Policy on Cross Border Trade

  • Financial Sector Policy

  • Rural Development Policy

  • Food Security Strategy/Safety Net

  • PRSP

+251 (0) 91 117 7069


Liberalisation l.jpg
Liberalisation Interventions in Ethiopia

  • Government withdrawal from production and marketing/trade.

  • Removal of fertilizer subsidies

  • Allow the market to determine prices (except petrol/sugar)

  • Devaluation of the Birr (towards “Flexible” exchange rate)

+251 (0) 91 117 7069


Investment policy l.jpg
Investment policy Interventions in Ethiopia

  • Priority areas for investment

    • Horticulture

    • Floriculture

    • Agro-processing

    • Livestock

    • Textile and garment

    • Leather and leather products

  • Where are the staple foods?

  • Are investors responding? Yes, but critical of exclusion from certain sectors.

+251 (0) 91 117 7069


Cross border trade l.jpg
Cross border trade Interventions in Ethiopia

  • Cross border trade labeled “illegal”

  • Government crack down has seriously affected the livelihood of those depending on it.

+251 (0) 91 117 7069


Financial sector l.jpg
Financial sector Interventions in Ethiopia

  • Private banks and public banks work side-by-side

  • The sector not opened to international competition

  • Opening up this sector seen as critical to increase FDI

+251 (0) 91 117 7069


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Institutional support to trade and domestic policy Interventions in Ethiopia

  • Ethiopian Quality and Standards Authority

  • Ministry of Agriculture

  • Investment Agency

  • Privatisation Agency

  • Customs Authority

  • Ethiopian Livestock Marketing Agency

  • Ethiopian Grade Trade Enterprise

+251 (0) 91 117 7069


Compatibility l.jpg
Compatibility Interventions in Ethiopia

  • Too much emphasis on enforcing regulations.

  • Removing fertilizer subsidy incompatible with ensuring food security.

  • Investment in floriculture, construction and other sectors taking prime land away from the staple food production.

  • Ban on cross border trade incompatible with ensuring food security.

  • Giving unfair advantage to party affiliated trading institutions incompatible with free market economy.

+251 (0) 91 117 7069


Ethiopia an ancient trading nation but l.jpg
Ethiopia: an ancient trading nation …. but Interventions in Ethiopia

+251 (0) 91 117 7069



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Ethiopia & WTO (average 50%)

  • Applied in 2003

  • Memorandum on trade regimes submitted in 2007

  • It could take up to 10 years for approval and accession

  • No public debate on pros and cons of joining the WTO

  • Informally we feel that we must get our house in order before joining.

+251 (0) 91 117 7069


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