Before going out for the recession, on July 7, 2017, the Parliament approved two proclamations that were designed to reform the entire coffee market value chain.The two proclamations are Coffee Quality Control & Marketing and Establishment Proclamation of Ethiopian Commodity Exchange (ECX). Both amended proclamations are meant to improve the coffee market from farms to its export destinations.
“The amendment of the two proclamations came as one action taken to narrow the trade deficit,” said Prime Minister Hailemariam Desalegn while addressing the parliamentarians on July 7, 2017.
Reforming the value chain came after research findings and discussions held between the government and stakeholders in the coffee market. One of the studies was the assessment that was made by the National Export Coordination Committee, which identified 11 major bottlenecks in the coffee market and its value chain. Read more. Source | Addis Fortune