The Ministry of Transport and Logistics and TradeMark Africa agreed to modernize Ethiopia’s freight services with a view to facilitating import and export trade.

The agreement will allow TradeMark Africa to develop an application that will enable trucks to provide integrated, efficient, and time-saving services. TradeMark Africa stated that it would launch the application within a year.

Current procedures that have to be followed under the logistics sector are also expected to be improved. The agreement also aims to provide smooth, efficient, time and cost-effective delivery of freight services.

According to Alemu Semie (PhD), Minister of Transport and Logistics, the Ministry of Transport and Logistics is committed to start implementing the agreement within a short period of time.

It is to be recalled that TradeMark Africa signed an agreement with Ethiopian Agricultural Authority (EAA) and Ethiopian Horticulture Producer Exporters Association (EHPEA) in November last year to enable EAA and EHPE to modernize their information and communication technology and digitalize their services.

TradeMark Africa, formerly known as TradeMark East Africa, is an Aid-for-Trade organisation that was established in 2010, with the aim of growing prosperity through increased trade. It operates on a not-for-profit basis and is funded by: Belgium, the Bill and Melinda Gates Foundation, Canada, Denmark, the European Union, Finland, France, Ireland, the Netherlands, Norway, the United Kingdom and the United States of America.

Source (including image): Ethiopian News Agency

Additional source: TradeMark Africa and 2Merkato Archives