Business and Regulatory Environment

Description

The latest World Bank Doing Business Report (2013) ranked Ethiopia 125th out of 189 economies. Among the 10 categories analysed by this study, Ethiopia performs relatively better in enforcing contracts and dealing with construction permits, whereas its performance in starting a business and trading across borders are lacking. Ethiopia’s rank on the ease of trading across borders is lower than that of countries in the same region (Kenya, Uganda, and Rwanda) except Eritrea. According to the U.S. Investment Climate Statement (2013), in Ethiopia, foreign investors generally do not face discrimination such as tax treatment, denial of licenses, discriminatory import or export policies, or inequitable tariff and non-tariff barriers. At the regional level, the COMESA Regional Investment Agency has been created and is expected to coordinate and strengthen the activities of the COMESA national investment promotion agencies (UN Economic Commission for African 2013). However, Ethiopia has a strong state-led investment policy and state-run sectors such as banking and telecommunication have not been liberalised for both domestic and foreign private investment, which result in a competitive market economy in only few sectors whilst the institutional framework remains weak.

The Business Environment: Doing Business

Multilateral Trade Instruments

Abstract


The Trade Treaties Map tool is a web-based system on multilateral trade treaties and instruments designed to assist trade support institutions (TSIs) and policymakers in optimizing their country's legal framework on international trade

Instrument ratified :
Ratification rate :
Weighted score : /100
    Ratification Rate Rank Weighted Score Rank
In World :  
In Region :
In Development level :