Browsing: TPLF

Undoubtedly, the return to peace after two years has restored hope Ethiopia’s economy can regain its growth momentum. According to officials, a permanent return to peace will help unlock more than $4bn in frozen funding. The funds will ease a crippling shortage of foreign exchange that plagued the economy even before the war began. Agriculture, the primary sector driving Ethiopia’s economy, should provide the much-needed boost to economic recovery.…

Economically, Ethiopia is on the receiving end after the US government declared that the East African nation had violated the African Growth and Opportunity Act (AGOA) due to the alleged human rights violations in Tigray. This means that Ethiopia will not have duty-free access to US markets if it does not comply by January. If the AGOA privileges are removed, it would lead to an “existential threat” for Ethiopia’s manufacturing sector.
The non-compliance could have come from the publication of the joint Ethiopian Human Rights Commission (EHRC) and OHCHR report on November 3.
Ethnic violence, torture, sexual and gender-based violence, property looting, destruction of infrastructure and religious sites and violations of international humanitarian law and other human rights violations are some of the issues highlighted in the report.…