Ethiopia Levying 150% Tariffs On Semi-Finished Products
On December 8th, Ethiopia's Ministry of Finance and economic development (MoFED) announced that a tariff of 150% has been levied on semi-finished products since December 2011.
This policy aims at stimulating finished leather and
Leatherwear
Export of products.
This new policy is based on Ethiopia's fiscal economy.
Development
The Ministry and Leather Industry Development Association jointly issued.
SolomonGetu, chairman of Ethiopia Leather Industry Association, had previously announced that Ethiopia leather in 2010.
industry
There is a growth trend in terms of finished products being exported.
In addition, in November this year, AhmedNuru, the representative of the Trade Department of Ethiopia, said at the leather industry forum of the country that the government was ready to control the export of raw materials from December.
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