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Ethiopia Commodity Exchange Proclamation

Active

ethiopia, Council of Ministers/Agriculture and Natural Resources/ Livestock and Fisheries

2007ethiopiaAgriculture and Rural DevelopmentOther

The federal government has highlighted the development of the agriculture sector as a critical pre-requisite for poverty alleviation in the country. It thus seeks to facilitate an efficient marketing system for agricultural commodities. The Ethiopia commodity exchange is established as a wholly state-owned market institution having a legal personality. The Ministry of Agriculture and Rural Development shall serve as the supervisory body. The proclamation sets out the purpose for establishment, capital, membership, organization, among others.