SOMALINET NEWS ...Archives
ETHIOPIA: GOVERNMENT BANS EXPORT OF FOOD CROP February 1, 2006
Apunyu Bonny
(SomaliNet) Following the recent price hike, Ethiopia has indefinitely banned the export of Teff, an indigenous staple grain, maize, sorghum and wheat, the Ministry of Trade and Industry revealed Wednesday.
The Ministry revealed that it is duty-bound to stabilize the market since this move is likely to put pressure on the consumer public
The ministry said that despite the increase over the past years in the amount of harvest involving the listed grains, exports of the food crops and smuggling them out of the country in some cases were among the causes for the price hike; hence the need to ban exports of the crops indefinitely. It called on banks and customs to take the necessary measures to implement the ban.