ADDIS ABABA – The Ministry of Trade and Regional Integration (MoTRI) signed yesterday multiple Memorandums of Understanding (MoUs) with several key organizations to create an Integrated Company Creation Journey (ICCJ) process.
The agreement held among the MoTRI, the Document Registration and Authentication Service (DARS), the National ID Program (NIDP), the Ministry of Revenue (MoR), the Ethiopian Agricultural Authority (EAA), the Environmental Protection Authority (EPA), the Ethiopian Food and Drug Authority (EFDA), and Ministry of Agriculture (MoA).
In his opening remark, MoTRI Minister Gebremeskel Chala (PhD) said that the reform government has been making consolidated efforts to create an enabling environment for the business community. As a result of this, a number of promising outcomes have been registering in the area.
“For instance, there were only 7,000 online services in 2020 whilst this number increased to 27,000 in 2022. Similarly, the number of online services for the business community increased from 1.4 million in last year to 1.8 million currently.”
The minister further highlighted that the MoUs would bring a paramount importance in facilitating the trade service and address customers’ challenges.
One of the signatories of the MoUs and Revenue Minister Aynalem Nigusie said on that occasion that the agreement would help to ensure cost effective, reasonable, and transparent service for the business community. “It is a process of tin issuance in collaboration with NIDP through an online registration platform whilst the accord is significantly helpful for the business community’s day-to-day activities.
The minister also noted that the agreement would bring a number of advantages including modernizing the trade system, enhancing revenue collection, creating an enabling business environment, supplementing international competitiveness, and realizing digital Ethiopia 2025.
Moreover, parties involved in the MoUs promised to work together more than ever for its effectiveness and solve the problems seen in the business sector.
It was learned that a steering committee will be established to oversee the implementation of these MoUs.
BY MESERET BEHAILU
THE ETHIOPIAN HERALD THURSDAY 16 MAY 2024
