News / Africa

Ethiopia Seeks to Keep Trade Restrictions While Joining WTO

Ethiopia Seeks to Keep Trade Restrictions While Joining WTO
Ethiopia Seeks to Keep Trade Restrictions While Joining WTO

Ethiopia is asking to join the World Trade Organization without meeting WTO standards for liberalizing key sectors of its economy. The move is an attempt to kick-start Ethiopia’s WTO accession process, which has been stalled for seven years.

Senior World Trade Organization officials joined a delegation from Ethiopia’s Trade Ministry this week for a U.S.-government sponsored workshop.  The objective was finding a middle ground between Ethiopia’s refusal to open sectors such as banking and telecommunications to foreign competition, and the WTO open trade regime.

Reuters news agency quoted State Minister for Trade Yacob Yalla as saying that surrendering sensitive areas such as banking and telecoms would harm national interests. He expressed confidence Ethiopia’s accession would be finalized, but said "we expect them to respect our sensitivities”"

But the head of the WTO working party on Ethiopia, Steffen Smidt, says the country’s future trading partners would likely insist on an end to restrictive trade practices.

"When you enter into a trading arrangement, you automatically get access to other countries’ trade, based on the principle we called MFN. Most Favored Nation," he said. "Similarly, other countries get access to yours.  So in that sense there is automatically in some areas some opening up, or liberalization."

But the WTO representative said Ethiopia’s position as one of Africa’s poorest and Least Developed Countries (LDCs) might warrant consideration from trading partners.

"Those are the future partners in the WTO who would insist on having some sort of access in this area," he said. "So that they will respect that Ethiopia is a Least Developed Country, and Least Developed Countries have special principles people should adhere to, sort of guidelines that speak about restraints from other partners, so yes, there will be a deep negotiation on this."

The two-day workshop featured presentations by representatives of Cambodia and Yemen who led their countries’ WTO accession process.  Cambodia’s Sok Siphana said his country has been transformed since emerging from economic isolation on joining the WTO in 2004.

"We knew what isolation means, we knew what poverty is, we went through a very difficult period, so for us, we want to be part of the world trading community, and we felt that the WTO gave us that overarching development objective, and from there on, we never looked back," he said.

Siphana told Ethiopians at the conference that opening Cambodia’s banking sector triggered a surge in rural development.

"Our banking sector is thriving, now they are in position to move to rural areas, to start lending to rice millers, rice exporters, not something you would see from a banking sector that is cash poor," he said. "[They are] cash rich, they see the country developing. "

He says Cambodia has dreams of becoming one of Asia’s information technology centers.

"We even have as recently as two-three months ago formation of all IT companies in Cambodia, and their vision is in five years, they want to position Cambodia as one of the Asian Silicon Valleys," he said.  "Now that’s bold."

Ethiopian Prime Minister Meles Zenawi, a former Marxist rebel leader who seized power 20 years ago, said in 2009 he hoped to complete WTO membership within three years. WTO representative Smidt expressed hope the accession could be done promptly, but cautioned that the process is still in a preliminary stage after a seven-year hiatus.

You May Like

Report: $60 Billion Leaves Africa Illegally Each Year

Report by joint UN and African Union panel says African countries need to take concrete measures to stop illegal money flow from continent each year More

Video Spy Murder Probe Likely to Further Strain British-Russian Relations

Some analysts say Russian Tu-95 bombers were flying near British airspace to warn Britain about an inquest into a murdered Russian spy More

Mugabe Defends Image Amid Controversy at Close of AU Summit

He rejects concerns about how the West might perceive his leadership, saying he's focused on African development More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Spy Murder Probe Likely to Further Strain British-Russian Relationsi
X
Henry Ridgwell
January 31, 2015 10:50 PM
Relations between Russia and the West are set to become even more strained amid an inquiry in London into the murder of a former Russian spy. Lawyers at the inquiry accuse Russian President Vladimir Putin of directing a "mafia state." Meanwhile, Royal Air Force fighters intercepted Russian bombers close to British airspace this week, prompting authorities to summon Moscow’s ambassador. Henry Ridgwell reports.
Video

Video Spy Murder Probe Likely to Further Strain British-Russian Relations

Relations between Russia and the West are set to become even more strained amid an inquiry in London into the murder of a former Russian spy. Lawyers at the inquiry accuse Russian President Vladimir Putin of directing a "mafia state." Meanwhile, Royal Air Force fighters intercepted Russian bombers close to British airspace this week, prompting authorities to summon Moscow’s ambassador. Henry Ridgwell reports.
Video

Video Ukrainian Neighborhood Divided Over Conflict

People in eastern Ukraine’s Donetsk and Luhansk districts find themselves squarely in the path of advancing Russian-backed rebels, who want to take back the territory they held at the beginning of the conflict last year. Many local residents are afraid, but others would welcome the change, even when a rebel shell lands in their neighborhood. From the Luhansk district, 15 kilometers from where the Ukrainian government marks the front line, VOA’s Al Pessin reports.
Video

Video Threat of Creeping Lava Has Hawaiians on Edge

Residents of the small town of Pahoa on the Big Island of Hawaii face an advancing threat from the Kilauea volcano. Local residents are keeping a watchful eye on creeping lava. Mike O’Sullivan reports.
Video

Video Jefferson's Library Continues to Impress, 200 Years Later

Two hundred years after the U.S. Congress purchased a huge collection of books belonging to former President Thomas Jefferson, it remains one of America’s greatest literal treasures and has become the centerpiece of Washington’s Library of Congress. VOA’s Deborah Block reports.
Video

Video Egypt's Suez Canal Dreams Tempered by Continued Unrest

Egypt plans to expand the Suez Canal, raising hopes that the end of its economic crisis may be in sight. But some analysts say they expect the project may cost too much and take too long to make life better for everyday Egyptians. VOA's Heather Murdock reports.
Video

Video Pro-Kremlin Youth Group Creatively Promotes 'Patriotic' Propaganda

As Russia's President Vladimir Putin faces international pressure over Ukraine and a failing economy, unofficial domestic groups are rallying to his support. One such youth organization, CET, or Network, uses creative multimedia to appeal to Russia's urban youth with patriotic propaganda. VOA's Daniel Schearf reports.
Video

Video Filmmakers Produce Hand-Painted Documentary on Van Gogh

The troubled life of the famous 19th century Dutch painter Vincent van Gogh has been told through many books and films, but never in the way a group of filmmakers now intends to do. "Loving Vincent " will be the first ever feature-length film made of animated hand-painted images, done in the style of the late artist. VOA’s George Putic reports.
Video

Video Issues or Ethnicity? Question Divides Nigeria

As Nigeria goes to the polls next month, many expect the two top presidential contenders to gain much of their support from constituencies organized along ethnic or religious lines. But are faith and regional blocs really what political power in Nigeria is about? Chris Stein reports.
Video

Video Rock-Consuming Organisms Alter Views of Life Processes

Scientists thought they knew much about how life works, until a discovery more than two decades ago challenged conventional beliefs. Scientists found that there are organisms that breathe rocks. And it is only recently that the scientific community is accepting that there are organisms that could get energy out of rocks. Correspondent Elizabeth Lee reports.
Video

Video Paris Attacks Highlight Global Weapons Black Market

As law enforcement officials piece together how the Paris and Belgian terror cells carried out their recent attacks, questions are being asked about how they obtained military grade assault weapons - which are illegal in the European Union. As VOA's Jeff Swicord reports, experts say there is a very active worldwide black market for these weapons, and criminals and terrorists are buying.
Video

Video Activists Accuse China of Targeting Religious Freedom

The U.S.-based Chinese religious rights group ChinaAid says 2014 was the worst year for religious freedom in China since the end of the Cultural Revolution. As Ye Fan reports, activists say Beijing has been tightening religious controls ever since Chinese leader Xi Jinping came to office. Hu Wei narrates.
Video

Video Theologians Cast Doubt on Morality of Drone Strikes

In 2006, stirred by photos of U.S. soldiers mistreating Iraqi prisoners, a group of American faith leaders and academics launched the National Religious Campaign Against Torture. It played an important role in getting Congress to investigate, and the president to ban, torture. VOA's Jerome Socolovsky reports.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid