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Ethiopia Commodity Exchange Proclamation (No. 550 of 2007).

Country/Territory
Ethiopia
Document type
Legislation
Date
2007
Source
FAO, FAOLEX
Original source
Federal Negarit Gazeta No. 61, 13th year, 4 September 2007, pp. 3898-3914.
Subject
Agricultural & rural development
Keyword
Agricultural commodities Agricultural development Internal trade International trade Dispute settlement Institution
Geographical area
Africa, Eastern Africa, Landlocked Developing Nations, Least Developed Countries, Sahel
Entry into force notes
This Proclamation shall come into force on 4 September 2007.
Abstract

This Proclamation establishes the Ethiopia Commodity Exchange as a wholly state-owned market institution having its own legal personality. The Ministry of Agriculture and Rural Development shall be the supervising authority of the Exchange. The Exchange shall be an efficient, transparent, and orderly marketing system for the trading in agricultural commodities that serves the needs of buyers, sellers, and intermediaries, and that promotes increased market participation of Ethiopian small scale producers. The Exchange shall develop and maintain approved grades and standards for the purposes of trading on the Exchange. The Proclamation provides rules for trading and makes provision for a dispute resolution mechanism.

Full text
English
Website
www.ethiopar.net

References - Legislation

Implemented by

Sesame and White Pea Beans Transaction Council of Ministers Regulation (No. 178/2010).

Legislation | Ethiopia | 2010

Keyword: Food quality control/food safety, International trade, Classification/declassification, Vegetables/legumes, Oils/oilseeds/fats, Processing/handling, Inspection, Enforcement/compliance, Offences/penalties, Agricultural development, Institution, Plant production, Agricultural commodities

Source: FAO, FAOLEX

Pulses Transaction Council of Ministers Regulation No.377 /2016.

Legislation | Ethiopia | 2016

Keyword: Consumer protection, Authorization/permit, Certification, Inspection, Institution, Internal trade, International trade, Vegetables/legumes, Offences/penalties

Source: FAO, FAOLEX

Amended by

Ethiopian Commodity Exchange (Amendment) Proclamation No.665 /2010.

Legislation | Ethiopia | 2010

Keyword: Agricultural commodities, Internal trade, International trade, Fiscal and market measures

Source: FAO, FAOLEX

Ethiopia Commodity Exchange Establishment (Amendment) Proclamation No. 1050/2017.

Legislation | Ethiopia | 2017

Keyword: Agricultural commodities, Internal trade, International trade, Fiscal and market measures

Source: FAO, FAOLEX