Sunday, January 26, 2014

Norway Gives Duty-Free Privilege to Ethiopian Exports

(Jan 25, 2014, (Norway))--The Norwegian government says it would allow trade preferences to Ethiopian export products for unlimited period of time. At a press conference attended by representatives of the two countries, it was mentioned that paramount importance will be given to strengthening the trade and investment relations of the two countries.

In 2012, the total trade turnover between the two countries stood at only 58 million USD.Though Ethiopia's exports to Norway have shown some progressas of late, its imports from Norway declined to2.7 million USD in 2012 from 4.2million USD in 2004, showing a negative rate of growth by about 35%. Read more from AllAfrica »

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