Ethiopia keen to boost foreign earnings from oil seeds, pulses export

ADDIS ABABA, Nov. 16 (Xinhua) -- Ethiopia is keen to boost foreign earnings from the export of oil seeds, pulses and spices sub sector, according to the Ethiopian Ministry of Trade.

The East African country on Wednesday awarded top oil seeds, pulses and spices sub sector exporters, aiming to further augment the country's export earnings from the sector.

In an international conference held in Addis Ababa, the Ethiopian Ministry of Trade in collaboration with Ethiopian Pulses, Oilseeds and Spices Processors-Exporters Association (EPOSPEA) has awarded 9 exporters that have earned Ethiopia a total of over 150 million U.S. dollars during last fiscal year.

Assad Ziad, Ethiopian State Minister of Trade, said that Ethiopia has targeted to increase the production of pulses, oil seeds and spices and income from the sector during the second five-year Growth and Transformation Period (GTP II/2016-2020).

Ethiopia has annually earned a total of 752.75 million U.S. dollars on average from pulses, oil seeds and spices sub sector over the last five years.



Adiabos private limited company is established in 2012 under the Ethiopian business law to participate in versatile business sectors construction, import, export and manufacturing industry.