WebFeb 24, 2024 · 24 February 2024Updated 7 December 2024. Also known as a ‘Foreign-Trade Zone’ in the US, a Free-Trade Zone (FTZ) is a designated area that is considered outside customs territory. In an FTZ, domestic and foreign goods can be moved, handled and assembled without paying the duties and taxes normally required by customs and … WebAug 15, 2024 · — Office of the Prime Minister – Ethiopia (@PMEthiopia) August 14, 2024. The foundation of a Free Trade Zone is one of the goals set in the 10-year viewpoint development plan of the Ethiopian …
Ethiopia’s First Free Trade Zone inaugurated ETHIOPIANS TODAY
WebThe African Continental Free Trade Area (AfCFTA) is one of the Flagship Projects of Agenda 2063 Africa’s development framework. The AfCFTA was approved by the 18 th ordinary Session of Assembly of Heads of State and Government, held in Addis Ababa, Ethiopia in January 2012 which adopted the decision to establish an African … WebApr 3, 2024 · April 3, 2024. Industrial Park Development Corporation (IPDC) and DP World, an Emirati multinational logistics company based in Dubai, held talks over collaboration … derby north constituency map
Government considers opening more free trade hubs in three towns
WebApr 7, 2024 · The 18th Ordinary Session of the Assembly of Heads of State and Government of the African Union, held in Addis Ababa, Ethiopia in January 2012, adopted a decision to establish a Continental Free Trade Area (CFTA) by an indicative date of 2024. The Summit also endorsed the Action Plan on Boosting Intra-Africa Trade (BIAT) which … WebAug 14, 2024 · Catalog; For You; Capital (Ethiopia) Ethiopia inaugurates first free trade zone in Dire Dawa 2024-08-14 - By Metasebia Teshome . Ministry of Finance finalizes preparations for a new incentive regulation to be applied in free trade zones as the country inaugurates the first free trade zone in Dire Dawa. WebJul 21, 2024 · According to the NBE annual report, 27.2% of total import spending ($3.9 billion) was on capital goods and 38.3% ($5.4billion) on consumer goods. The U.S. exported $590 million worth of goods to Ethiopia in 2024, a 35% decrease from that of the previous year, accounting for 3.4% of Ethiopia’s total imports. fiberglass pool water features