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Brief information on Ethiopia

Flag Ethiopia

 

Short-term Cover facilities are available for transactions with contract values of up to EUR 1 million.
Under wholeturnover policies transactions can be covered up to a maximum amount of EUR 5 million.
Medium/long-term Cover facilities are available on a case-by-case basis for transactions with private buyers and public buyers provided that they are established as private sector organizations and operate without recourse to public funds.
In addition, cover is available for project financed and other structured finance deals, where necessary based on countertrade transactions.
Collateral For short-term transactions bank security is required if the foreign buyer’s creditworthiness is inadequate.
For medium and long-term transactions bank security is always required.
Country risk category 7

No responsibility is taken for the correctness of the information provided

More detailed information on the cover policy can be found in all articles of the AGA-Report on Ethiopia (German version only) and country information on commercial practices, business climate, market analyses, law, import procedures, customs duties can be found on the website of Germany Trade & Invest (gtai).

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The senior country advisers for Ethiopia will be pleased to answer your questions

  • on single transaction cover: Ms Sissi Gerstenkorn, phone: +49 (0) 40 / 88 34 - 95 49
  • on revolving and wholeturnover cover: Mr Holger Ehrich, phone: +49 (0) 40 / 88 34 - 90 26
  • on economic analyses: Mr Martin Schmerbach, phone: +49 (0) 40 / 88 34 - 90 80

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