Investmentcomission

The Ethiopian Investment Commission has voiced its opposition to the recent ban on the importation of fuel-powered vehicles, arguing that this policy will negatively affect investors and foreign investments. In a letter addressed to the Ministry of Transport, the commission expressed concerns about the appropriateness of the ban, particularly in the absence of a clear legal framework. The commission highlighted that the decision to prohibit the importation of fuel-powered vehicles has had a significant impact on various sectors, including agriculture, agricultural product processing, flower farming, tourism, manufacturing, construction, and other activities. The commission also requested permission to import fuel-powered vehicles…