Public Management

Ethiopia Reaffirms WTO Bid, Aims for Accession by March 2026

Ethiopia Reaffirms WTO Bid, Aims for Accession by March 2026
Thursday, 27 March 2025 11:14
  • Ethiopia aims to join the World Trade Organization (WTO) by March 2026, aligning with the WTO’s 14th Ministerial Conference in Yaoundé, Cameroon.

  • Accession talks had been paused since 2020 due to the COVID-19 pandemic.

Ethiopia aims to finalize its accession to the World Trade Organization (WTO) by March 2026, coinciding with the organization's 14th Ministerial Conference (MC14) scheduled to be held in Yaoundé, Cameroon.

At a high-level meeting held at WTO headquarters on March 19, Ethiopian Minister of Trade Kassahun Gofe Balami (photo) reaffirmed his country's commitment to relaunching negotiations to join the WTO, despite a global environment characterized by "protectionism and the increased scepticism to multilateral frameworks."

"We firmly believe that trade relationships that are rules-based, transparent, and predictable are the only sure way to promote sustainable economic development, peace, and stability around the world," the minister stated. He also emphasized that "With its fastgrowing economy and historical role as a key player in the continent, Ethiopia’s accession to the WTO will be a significant achievement for us, for Africa, and indeed for the WTO itself."

The last round of negotiations on Ethiopia’s accession—as the second most populous country in Africa and one of the continent’s economic powerhouses—took place in 2020. However, the COVID-19 pandemic and its subsequent impact compelled authorities to reassess their priorities. Five years later, Addis Ababa reports that it has implemented several reforms aimed at liberalizing its economy and aligning with the organization’s rules.

As part of its Home-Grown Economic Reform Agenda, Ethiopia has undertaken significant reforms to align its regulatory framework with WTO standards, strengthen economic resilience, and support private sector growth. These measures include liberalizing the foreign exchange market, establishing a stock exchange, and setting up an investment holding company to ensure more transparent management of state-owned enterprises. According to Kassahun Gofe, the country is also committed to applying maximum tariffs below the reference thresholds for least developed countries (LDCs) in the agricultural sector, and to opening up key sectors such as finance, communications, and transport. Already engaged in negotiations with 12 WTO members, the government has reiterated its determination to move forward with the talks to complete the accession process.

The Comoros recently became the latest African nation to join the WTO, following 17 years of negotiations. To assist Ethiopia in achieving its goal by next year, WTO Deputy Director-General Xiangchen Zhang urged the country and member states to intensify discussions on market access, based on Addis Ababa’s revised offers, to expedite the reaching of agreements.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Standard Bank arranged a $250m facility to fund Aradel Energy’s expansion and acquisition plans. The deal allows Aradel to raise its stake in ND...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Burkina Faso adopts 2026-2030 Recovery Plan guiding economic and social policy Five-year plan mandated by law, replacing previous national development...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.