NAIROBI, April 2 (Reuters) – Ethiopia’s more than 20-year quest to join the World Trade Organization is set to come to fruition this year – part of the nation’s plans to boost its economy through global integration – just as the WTO itself faces unprecedented uncertainty.
The likely accession comes following deep economic reforms in the East African coffee and gold-exporting nation. While analysts said the backdrop of global turmoil and protectionism is daunting, membership could rejuvenate Ethiopia’s economy.
“It’s strategic clarity in an era where no single framework delivers comprehensive development support,” said Endalkachew Sime, a former state minister of planning and development.
Endalkachew said the proposed WTO membership is part of a three-pronged approach, which also includes better integration with the continent via the pan-African trade bloc (AfCFTA), and BRICS membership, which should provide more affordable development financing and less onerous conditions.
Neither Ethiopia’s Trade Minister Kasahun Gofe, nor his ministry, responded to requests for comment.
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