Ethiopia’s more than 20-year quest to join the World Trade Organisation (WTO) 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. While analysts said the backdrop of global turmoil and protectionism is daunting, membership could rejuvenate Ethiopia’s economy. Neither Ethiopia’s Trade Minister Kasahun Gofe nor his ministry responded to requests for comment. But for Ethiopia, WTO membership could be key to its clawback from an economic crisis – marked by foreign-currency shortages and double‑digit inflation – that culminated in a 2023 sovereign debt default. But those in the industry warn that WTO membership is not a panacea, particularly since it would force Ethiopia to lower some protective tariffs for the industry, exposing firms to competition from Bangladesh and Vietnam.

Source: Ethiopian News April 02, 2026 09:51 UTC