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Ethiopia Commodity Exchange Authority Proclamation (No. 551 of 2007).

Country/Territory
Ethiopia
Document type
Legislation
Date
2007
Source
FAO, FAOLEX
Original source
Federal Negarit Gazeta No. 62, 13th year, 4 September 2007, pp. 3915-3932.
Subject
Agricultural & rural development
Keyword
Agricultural commodities Agricultural development Internal trade International trade Institution Special fund Offences/penalties
Geographical area
Africa, Eastern Africa, Landlocked Developing Nations, Least Developed Countries, Sahel
Abstract

This Proclamation establishes the Ethiopia Commodity Exchange Authority as an autonomous public institution of the Federal Government. The general objective of the Authority shall be to ensure the development of an efficient and modern (agricultural) commodities marketing system. The Authority may grant recognition to Clearing Institutions and Exchange Actors and recognize Exchange Actors Associations. The Act also provides rules relative to trading in commodities and requires Commodity Exchanges to set up a Settlement Guarantee Fund.

Full text
English
Website
www.ethiopar.net

References - Legislation

Amended by

Ethiopia Commodity Exchange Authority Establishment Proclamation Amendment Proclamation No. 566/2008.

Legislation | Ethiopia | 2008

Keyword: Agricultural commodities, Institution

Source: FAO, FAOLEX