Directive regulating foreign investors’ participation in restricted export, import, wholesale and retail trade

• The Ethiopian Investment Board has amended the list of investment areas open to foreign investors in the export, import, wholesale and retail trade sectors, which were previously reserved for domestic investors.
• The Directive applies to the participation of foreign investors in trade sectors reserved for domestic investors and in applying for permits.
• The Directive will come into force as of the date it is posted on the web pages of the Ministry of Justice and the Ethiopian Investment Commission.

Source EY