WHEREAS, it is found necessary to satisfy the customer demand and increase the small scale farmers’ participation in the exchange by developing procedures and enhancing the accessibility of Ethiopia Commodity Exchange to achieve their objectives;
WHEREAS, it is found necessary to re-amend the Ethiopia Commodity Exchange Establishment Proclamation No. 550/2007 in a way that it receives the agricultural products in their type, quality, amount, and in a cost-effective manner, and makes them competitive in the foreign market, thereby enhancing the country’s foreign trade;
NOW, THEREFORE, in accordance with sub-article (1) of Article 55 of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows:
