{"id":445585,"date":"2023-05-11T05:20:05","date_gmt":"2023-05-11T09:20:05","guid":{"rendered":"https:\/\/mereja.com\/index\/?p=445585"},"modified":"2023-05-11T05:56:22","modified_gmt":"2023-05-11T09:56:22","slug":"ethiopia-falls-short-of-nine-month-industrial-parks-export-performance-target","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/445585","title":{"rendered":"Ethiopia falls short of nine month industrial parks export performance target"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Ethiopia earned 121.9 million U.S. dollars from industrial parks exports during the last nine months of the current Ethiopian Fiscal Year 2022\/2023 which started in July 8, the Industry Park Development Corporation (IPDC) disclosed earlier this month. Ethiopia had planned to earn 156 million U.S. dollars during this period.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The nine months\u2019 export earnings from industrial parks achieved only 78 percent of stated export revenue targets.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, IPDC disclosed more than 36,800 citizens have so far got job opportunities in 11 industrial parks and in Dire Dawa Free Trade Zone.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ethiopia has been struggling to meet official export revenue targets from Industrial Parks ever since the country was suspended from the U.S. free trade program, the African Growth and Opportunity Act (AGOA) in late 2021. Ethiopia\u2019s suspension from AGOA has continued up to the present time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">AGOA launched in 2000, is a free trade pact that allows duty free export access to the U.S. market to products from Sub-Saharan African countries.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The administration of U.S. President John Biden suspended Ethiopia from the program in December 2021, citing allegations of gross human rights abuses in the northern Ethiopia war.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite, the Ethiopian government and the Tigray People\u2019s Liberation Front (TPLF) signing a peace agreement in November 2022, the U.S. government hasn\u2019t given any indications so far it plans to reinstate Ethiopia\u2019s AGOA privileges in 2023.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethiopia earned 121.9 million U.S. dollars from industrial parks exports during the last nine months of the current Ethiopian Fiscal Year 2022\/2023 which started in July 8, the Industry Park Development Corporation (IPDC) disclosed earlier this month. Ethiopia had planned to earn 156 million U.S. dollars during this period.\u00a0 The nine months\u2019 export earnings from [&hellip;]<\/p>\n","protected":false},"author":270,"featured_media":445605,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[5845],"class_list":["post-445585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news","tag-ethiopia-agoa-pm-abiyu-s"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2023\/05\/dde.jpg?fit=2048%2C1365&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-1RUR","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/445585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/270"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=445585"}],"version-history":[{"count":1,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/445585\/revisions"}],"predecessor-version":[{"id":445588,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/445585\/revisions\/445588"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/445605"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=445585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=445585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=445585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}