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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Ethiopia: Ministry Set to Boost Cereals, Oil Seeds, Spices Export Trade

Monday, March 16, 2015 > 11:36:06

(All Africa)

By Wakuma Kudama

The Ministry of Trade yesterday discussed performances of the export trade on the cereals, oil seeds and spices over the past eight months with stakeholders on its premises.

The Minister of Trade Kebede Chane requested the stakeholders and the exporters in order to increase production and productivity so that the sector could achieve the intended goal though the situation of prices at the international market is not encouraging.

Presenting the report, Crop Marketing Directorate Director Samuel Gizaw said that unlike that of the previous year, the accomplishment of the export trade on cereals, oil seeds and spices over the past eight months is slightly below the intended plan due to certain constraints like the falling of prices of the commodities at the international market.

Ministry of Trade State Minister Yaecob Yala said that though the sector has been struggling with several constraints in the eight months, the government and the stakeholders shall show high commitment in the coming four months in order to meet the intended plan for this year.

In the panel discussion, it was indicated that the export trade is demonstrating low performance. According to the office representatives of the states and exporters, the sector has been struggling with problems for the products lack proper quality standard and their prices are highly falling.

It was also noted that the reason for low quality could be attributed to the ineffective and inefficient way of cultivating the cereals and lack of proper provision of the new seed for the farmers.

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