Ethiopia

 

Commodities worth nearly USD 1.6bln imported from China

The Quality and Standards Authority of Ethiopia (QSAE) disclosed that over 21,760 certified commodities worth close to USD 1.6 billion has been imported from China.

Public relations and education service head with authority, Sisay Asefae, told WIC that the certified commodities have been imported from China until last July since the signing of pre-shipment inspection agreement between the two countries in 2006.
Sisay also recalled that a delegation director of Chinese Administration of Quality Supervision, Inspection and Quarantine had paid a two-day visit to Ethiopia. The visit has enabled the two countries evaluate the implementation of the pre-shipment agreement, he added. The mission of the delegation was to evaluate the implementation of the pre-shipment supervision and the problems encountered since the signing of the agreement, the official said. The delegation inspected Chinese commodities on sale in Mercato, the largest open market in Africa, he said, adding that the visit of the delegation would play an important role to strengthen the bilateral ties between the two countries.

Nation secures USD 100mln from precious stones

Ethiopia has secured close to USD 100 million from the export of gold, silver and other precious minerals, the Ministry of Mines and Energy (MoME) said. The stated sum was secured from the export of close to 5.6 tonnes of gold, silver, tantalum and platinum concentrates and white marble, the public relation service head with the ministry, Bacha Fuji, told ENA. The official aid the minerals were sold on the world market over the past Ethiopian fiscal year by the National Bank of Ethiopia (NBE) and MIDROC-Gold, an Ethiopian private mining firm. He said that NBE has exported 425.9-kg gold produced by traditional miners while MIDROC-Gold has exported 3.1 tonnes of gold and over one tonne of silver. MIDROC-Gold has also exported 78.6 tonnes of white marble, the head added. Bacha said the ministry has been taking various measures to enhance the capacity of traditional mining and trading of precious minerals in Ethiopia. Ethiopia has recently introduced a proclamation to regulate the mining and trading of precious minerals.

Source: Abesha Bunna Bet



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
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