The objectives of the subject “International Trade and Business in the Federal Democratic Republic of Ethiopia” are the following:
To analyze the Ethiopian Economy and Global Trade;
To know the business opportunities in the Federal Democratic Republic of Ethiopia;
To explore the Ethiopian trade relations with the country of the student;
To know the Ethiopian Trade Agreements;
To examine the profile of Ethiopian businesspeople and companies;
To develop a business plan for the Ethiopian Market.
Global Trade and Business in Ethiopia:
The Subject “Foreign Trade and Business in Ethiopia” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
Arab Bank for Economic Development in Africa (BADEA).
Global Organizations:
UN
UNCTAD;
ITC;
WIPO.
WB;
WTO;
IMF.
Ethiopia is a Landlocked country.
The Federal Democratic Republic of Ethiopia is advantageously situated in the Horn of Africa;
Ethiopia is one of the oldest nations in the World;
The Kingdom of Aksum (Ethiopia and Eritrea) was one of the first Christian countries in the World, having officially adopted Christianity as the state religion in the 4th century;
The Federal Democratic Republic of Ethiopia is one of the largest regional markets in Africa with
105 million people (84% of the population lives in the rural areas);
The main Ethiopian ethnic groups are Oromo and Amhara;
The Federal Democratic Republic of Ethiopia is richly gifted with immense human resources, arable land, and natural resources (gold, platinum, marble, tantalite, copper, potash, soda ash, zinc, nickel, iron, and natural gas;
much of it yet to be exploited);
Ethiopia is a fast growing market;
Ethiopia is one of the Leading African economies;
Ethiopian economy remains firmly dependent on agriculture (50% of the gross domestic product);
Coffee exports account for 65% of the foreign exchange earnings
of Ethiopia (processed hides and skins are the second);
Ethiopia is the second largest African maize producer;
The main economic activities in Addis Ababa are steel products leather products, textiles, cement, tires, blankets, food, and beverages.
Foreign direct investment (FDI) in Ethiopia.
The Federal Democratic Republic of Ethiopia has untapped resources and a
friendly foreign direct investment code;
The main opportunities for investment are cut flower, garment, and meat processing;
The Ethiopian Investment Agency is the governmental body responsible for
promoting the foreign direct investment in Ethiopia.
The Ethiopian Telecommunications corporation provides
a world-class telecommunications services
including the basic telephony, mobile and the Internet. The company is the sole telecommunication service provider in the Federal Democratic Republic of Ethiopia.
(c) EENI Global Business School (1995-2023)
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