Ethiopian machinery manufacturers and automotive industries to become sectoral association
This was mentioned when Ethiopian Automotive Industries and Machinery Equipments Manufacturers held their first meeting to become part of the Sectoral Association recently. During the meeting, the benefits of Sectoral Association and other related issues were discussed. Organizing Sectoral Association has major importance for the individuals as well as the nation. At individual or member level, they will be benefited in their business through the advocacy and negotiation activities said Tariku Doche, Industry Development and Communication Quality Assurance Team Leader at the Ministry of Industry. By being part of the sectoral association, the members could learn better about tax law, get their business related things done easily, said the team leader. On the one hand, the nation would be benefited in enhancing in those sectors or areas. “Having a strong sectoral association in each field would benefit the nation widely. If we take this specific sector, the nation might decrease the foreign currency that it used to cost for importing huge machineries and automotives.”