A bill proposes the formation of a regulatory body that will oversee the implementation of a warehouse receipt system that facilitates credit for farmers depositing storable goods in exchange for a warehouse receipt.

Ethiopia is negotiating to enter the African Continental Free Trade Area, which aims to create a free, single continental market for goods and services.

Last week, the latest negotiation was held in Cairo, Egypt during the seventh ministerial meeting. Ethiopia was represented by Mamo Meheretu, Chief Trade Negotiator and senior adviser to Prime Minister Abiy Ahmed (PhD), who led a committee composed of professionals from the ministries of Trade, Finance, Revenues and Foreign Affairs.