Ethiopia prepares to join WTO this year to aid growth
Ethiopia expects to join the World Trade Organization this year following deep economic reforms. The move aims to attract investment and secure market access.
Ethiopia is set to conclude its two-decade journey to join the World Trade Organization (WTO) this year. This milestone is a central component of the nation's strategy to rejuvenate its economy through global integration, occurring even as the international trade body faces significant internal challenges. The anticipated accession follows a period of deep economic reform in the East African nation, which is a major exporter of coffee and gold.
While global protectionism presents a difficult backdrop, experts suggest that membership could provide a necessary boost to the domestic economy. Endalkachew Sime, a former state minister of planning and development, noted that the move offers a clear path forward.