The game changer digital appliance furnished with proven utensils to halt hassles, cost, cumbersome bureaucracies:#OTRLS
#OTRLS:The game changer digital appliance furnished with proven utensils to halt hassles, cost, cumbersome bureaucracies and complaints by service seeking customers to start businesses.
Ethiopian Ministry of Trade and Industry mounting all its exertions on reforms that Ease Starting and Doing Business throughout its realm.
The ministry as a delegate by his Excellency Prime Minister Abiy Ahemed (PHD) to coordinate a reform heading for an Ease of Doing Business; has to bring deportments that can display its pioneering swings. Thus through the coordinated and eagle eyed leadership by the Prime Minister Office the ministry of Trade and Industry and other nine implementers are launching reforms to make the economic environment of Ethiopia easy for doing business. This feasible and eminently strategic reform was furnished to have a supremely glocalized Ethiopian economic tone, that can move forward coincided through an Ethiopian Home Grown Economic Reform trajectories.
To do so and as per the global implementation of the World Bank’s ease of doing business reform ministry of trade and industry time and again revised its working laws and frameworks in to the point that various requirements reckoned as process elongating were removed. In line with this reform endeavors various legal measures have been taken and installed to the easing business practical podium so as to facilitate the implementation of reform schemes.
Accordingly, an old proclamation No. 980/2016 was amended by Proclamation No. 1150/2019; Trade Registration and Licensing Regulation No 932/2018 was replaced by Regulation No. 461/2020.
Here is the game Changer digital appliance furnished with proven utensils to halt hassles, cost, cumbersome bureaucracies and complaints by service seeking customers to start businesses.
Online Trade Registration and Licensing System #OTRLS
This system enables business to apply for registration and license service virtually from anywhere in Ethiopia and beyond just via computers, mobile phones and other pertinent digital devises. A service without a need of physical presence in to the ministry of trade and industry or other regional trade bureaus. Thus in addition to saving time for business community #OTRLS halts unnecessary hassles, annoyances, cost, cumbersome bureaucracies and complaints by service seeking customers to start businesses. On the other side #OTRLS is being a proven facility streamlining and simplify the country’s business venue.
Though the e-trade or #OTRLS is open serving the business community at home with no need of physical presence in to office bureaucracies, all over the country on 1082 online sites only 7885. Figures were bracketed from January 30, 2021 up to July 8, 2021. This can clearly depict that; the usage pattern of the public is far distant from the #OTRLS’s ambition for easing doing business in the Ethiopian economic arena.
Furthest the problems of lacking efficient usage stats #OTRLS pushing the doing business reform forward into an attainment, that reduces the total time to legally start business from 32 days into 5 days. The number of processes also condensed from 11 into 4.
According to the 2019 and 2020 #World_Bank global ease of doing business ranking Ethiopia twice keep count in the 159th place among 190 states of the world. Despite the past years under waist ranking; by the end of this year 2021, Ethiopia is striving to become from one of the best 100 countries in regard to its capacity to attract trade and investment.
Dear Ethiopians, The management and staff of the Ministry of Trade and Industry are pleased to announce that Solomon Barega came first in the 32nd Tokyo Olympic 10,000m and made the Ethiopian flag stand out on the world stage.
The 12th International African Leather and Leather Products Exhibition will be held in Addis Ababa
Addis Ababa July29,2021 (MOTI) The 12th Global Africa Leather and Leather Products Exhibition will be held in Addis Ababa from November 3 to 6, 2021.
Africa's first Leather and Leather Technology Exhibition is expected to focus on the United Nations Development Goals and the African Free Trade Area.
At the fair, East African leather manufacturers present their selected products and products to international fashion brands and buyers.
The forum, which is designed for producers from all over Africa, is expected to see an increase in the number of participants in the past and the number of visitors related to the African Free Trade Area is expected to increase during the 12th Exhibition.
You can get more information from the Ministry of Trade and Industry by clicking on the following links
Ethiopia has been selected as the host of the 5th Leather and 36th Leather Technology and Chemical International Forum
Addis Ababa, July 30,2021 (MOTI) - Ethiopia has been selected as the only African country to host the 5th Leather and 36th Leather Technology and Chemical International Forum.
The International Forum on African Leather and Leather Products Industry, in collaboration with the Ethiopian government and partners, will be held under the theme “Leather a gift of nature” and “Greening the leather value chain”. The textile industry is expected to focus on current and future developments.State Minister for Trade and Industry, Teka G. Jesus, said the international forums will focus on Africa's leather and textile industry. Demonstrating its potential and competitiveness in the global market, it has made a difference in attitudes and made it a source of cotton, clothing and leather products that meet the value chain for local and international buyers, as well as a source of investment for potential investors.
More than 2,500 producers and investors from 20 countries, as well as more than 5,000 buyers, sellers and researchers are expected to attend the forums.
In addition to the forums to be held on December 1-5 / 2021, there will be other trade fairs and discussion forums related to the sector.
You can get more information from the Ministry of Trade and Industry by clicking on the following links.
On our Facebook page mourn www.facebook.com/Ethiopia-Ministry-of-Trade-and-Industry-Linklinkin https://www.linkedin.com/feed/
The implantation process for green footprint seedlings is ongoing
Addis Ababa, July29,2021(MOTI) - The Ministry of Trade and Industry, in collaboration with its affiliated institutions and regional bureaus, has accepted the call to build an environmentally friendly and resilient green economy. He is running a program.
Today, for the third time, more than 100 ministry staff have planted more than 3,000 seedlings at Bole Lemi Industrial Park.
It is to be recalled that the leadership and staff of the Ministry planted 12,000 seedlings in two rounds on July 10 and 16, 2021.
- The game changer digital appliance furnished with proven utensils to halt hassles, cost, cumbersome bureaucracies:#OTRLS
- The 12th International African Leather and Leather Products Exhibition will be held in Addis Ababa
- Ethiopia has been selected as the host of the 5th Leather and 36th Leather Technology and Chemical International Forum
- The implantation process for green footprint seedlings is ongoing
- In order to increase the participation of our country in the world economy and to be competitive, it is necessary to increase the quality of products and services.
- 89,248.8 tons of soybean and palm oil were supplied to alleviate the shortage of inputs by oil factories.
- Ethiopia is one of the top 100 countries in the World Bank's 159th Ease of Doing Business Improvements.
- The consumer community's demand for domestic products is growing.
- Accuracy has been verified for 1,620,180 measuring instruments to ensure the benefit of the consumer and business community.
- #Oline Business Registration and Licensing Service
- Livestock Market Information
- A total of 3,685.02 metric tons of substandard products were banned from entering the country
- 7,887 provided online business registration and licensing services
- Action was taken against 141 businesses for violating regulations
- Future export earnings
- The agricultural and manufacturing sectors recorded 104% (141 mln) in June and 96% ($ 1.4 billion) in 2021.
- During the 12 months of 2021, the mining sector (102%) recorded the highest performance in terms of plan; Agriculture achieved 90%, industry achieved 67%
- Export revenue for the fiscal year 2021 was 88% of the target and increased by 19.5% compared to the same period of 2021.