Ministry of Trade and Industry (Ethiopia)

Vision: Secure globally competitive trade sector that would be well founded on the basis of consistent development. By 2020 Mission: Ensuring social benefit through establishing transparent, fair and competitive trade system and generating foreign exchange earnings. Value: Understand, respect & accept the Constitution Being democratic & development outlook Avoid rent seeking tendencies and practices Being committed for trade sector development Serving transparently and accountability Learning through practice Serving the customer in likewise manner Scale through only result of activity Power and Duties The Ministry of Trade shall have the powers and duties to: Promote the expansion of domestic trade and take appropriate measures to maintain lawful trade practices: Create conducive conditions for the promotion and development of the country's export trade and extend support to exporters; Establish a system that enable to ascertain that export or import goods are sold or bought at the appropriate price make follow ups in collaboration with the concerned executive bodies and take measures in accordance with the law against those who export by under invoicing as well as import under or over invoicing; Establish foreign trade relations coordinate trade negotiations sign trade agreements in accordance with law and implement same; Establish and follow up the implementation of comprehensive system for the prevention of anti-competitive trade practices provide protection to consumers in accordance with the law; Provide commercial registration and business licensing services in accordance with the relevant laws and control the use of business licenses for unauthorized purposes; Provide support for and monitor the establishment and operation of share companies with a view to protect the interests of shareholders and the society; Undertake and submit to the council of Ministers price studies relating to basic commodities and services that have to be under price control and upon approval follow up the implementation of same Establish the legal metrological system of the country regulate its enforcement and coordinate the concerned regulatory bodies Control the qualities of export and import goods prohibit the importation and exportation of goods that do not conform with the required standards and work in collaboration with the concerned organs; Control the compliance of goods and services with the requirements of mandatory Ethiopia standards and take measure against those found to be below the standards set for them; Cause the coordinated enforcement of standards applied by other enforcement bodies organize and direct implementation review conferences; Organize the trade data of the country and disseminate same to the consumed bodie: Encourage the establishment of chambers of commerce and sectorial associations including consumers associations and strengthen those already established