Items filtered by date: Tuesday, 13 February 2018

Addis Ababa February 13/2018 The Ethiopian Commodity Exchange (ECX) has traded 14.47 billion birr in the first half of the current Ethiopian fiscal year.

ECX reported that 317,607 tons of produces, namely coffee, sesame, haricot and mung beans.

Some 133,818 tons of coffee worth 9 billion birr has been traded during the period. Of this about 82 percent of coffee was supplied to export market, it was learned.

About 167,000 tons of sesame has been traded with 5.2 billion birr. Sesame trade showed a rise by 42 percent, with 114 percent growth in price, when compared to same period last year.

According to ECX, 16,734 tons of haricot beans were traded at 266 million birr and similarly 227 ton of mung beans were traded.

Controls and measures taken on contraband trading of coffee has also contributed to the transaction made on the produce, it was indicated.

Ethiopian Commodity Exchange has also introduced Electronic bid service (E-auction) that was used during the past six months to improve the trading system by labeling the locations and owners of the products.

ECX has expanded six trading centers and completed three trading centers as well as 21 branches across the country.

Published in Economy

Addis Ababa Feburary13/2018 "Global terrorism in whatever way is unacceptable, " Foreign Minister Workneh Gebeyehu urging international community to intensify the fight against terrorism.

Ethiopian delegation lead by Foreign Minister Workneh Gebeyehu is attending the Ministerial Meeting of the Global Coalition to Defeat ISIS, in Kuwait.

Though the terrorist group is weakening in the Middle East especially in Iraq and Syria, it still is gaining ground in some parts of Asia and Africa, Workneh added. 

“Well organized and strong commitment of the international coalition is crucial to fully wipe out the terrorist group,” he stressed.

According to him, Ethiopia has become part of the coalition for it has global and regional terrorist threats.

“Ethiopia is committed to fight terrorism more than ever and strongly continue to prove its irreversible historical role towards sustaining global peace and stability,” the Minister underscored.

 

 

Published in Politics

Bahir Dar Feburary13/2018 Ethiopia is preparing to provide civil registration services for Ethiopians living outside the country, the Ministry of Foreign Affairs disclosed.

Director of verification of documents at the Ministry Kidanemariam Gidey told ENA that the registration will be conducted through Ethiopian embassies and consulate offices.

The program is aimed at offering services for users without the need to come to Ethiopia to get services related to birth, death, marriage, divorce and adoption.

Documents used for the registration of these vital events were distributed to 56 Ethiopian missions abroad at the beginning of this Ethiopian fiscal year, he said.

Honorary logbooks used for registration of the events as well as certificates to be provided for customers are among the distributed documents, Kidanemariam added.

Deputy Director General of the Federal Vital Events Registration Agency, Tamiru Ginbeto said that documenting these events would help to obtain vital statistical information that could be used for various purposes.

The Agency has earlier provided training for those who would reportedly engaged in the administration and provision of the services.

The Ministry of Foreign Affairs estimates that some three million nationals and Ethiopian origin are residing abroad.

 

Published in Social

Addis Ababa February 12/2018 Kuwait will strengthen its support for Ethiopian development projects, Kuwait's Ambassador to Ethiopia Rashed Faleh al-Hajri said.

According to a press release issued by the embassy today, Kuwait is one of the countries which will benefit the community by supporting Ethiopia’s development projects.

The country is assisting in the development of infrastructure, road construction and rural electricity expansion projects in particular through the Kuwait Development Fund, Ambassador Rashed added.

He cited the ongoing water development project in Axum, Tigray, as a manifestation of this support.

According to the Ambassador, Kuwait recognizes the development works and activities Ethiopia has been undertaking, and said it will continue consolidating its assistance to the country.

 Kuwait has planned to provide one billion USD support Africa this year and that will benefit Ethiopia too, he stated.

 Ethiopia and Kuwait have been boosting bilateral relations, Rashed said.

Ambassador Rashed said Ethiopia's support for the diplomatic effort by Kuwait's Amir Sheikh Jaber Al-Ahmed Al-Sabah in resolving the crisis in the Gulf peacefully has shown Ethiopia's strong position on the issue.

He noted that there will be a joint ministerial summit that will be held in Addis Ababa soon.

The Kuwait government encourages investors to invest in Ethiopia and the country has favorable investment opportunities, the Ambassador explained.

Ethiopia and Kuwait began diplomatic relations in 1967.

Published in Politics

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