Ethiopia and China Sign Market Access Agreement in WTO Accession Process

Ethiopia has recently made significant strides towards its World Trade Organization (WTO) membership by signing a pivotal market access agreement with China. This development, which took place at the WTO headquarters in Geneva, marks a major milestone in Ethiopia’s ongoing efforts to align its trade practices with global standards.

Conclusion of Bilateral Talks

The Ethiopian Mission to the United Nations in Geneva announced the protocol on November 5, 2025, confirming the conclusion of extensive bilateral discussions concerning market access for goods and services. This agreement builds upon a similar arrangement made with Turkey in October 2025, further indicating Ethiopia’s commitment to fostering economic partnerships.

Commitment to Global Trade Standards

Representatives highlighted that this agreement reflects a shared ambition between Ethiopia and China to enhance economic cooperation and contribute to a fair and inclusive global trading environment. The Ethiopian Mission emphasized the productive dialogue and technical negotiations that led to this agreement, showcasing a united front in their commitment to effective trade relations.

Advancing WTO Membership Reforms

Ethiopia has been pursuing its WTO membership for several years. However, negotiations were temporarily halted in 2020 due to the COVID-19 pandemic. In response, the Ethiopian government has introduced comprehensive reforms aimed at liberalizing the economy and ensuring that national regulations comply with WTO standards. These reforms include:

• Improved Banking and Foreign Exchange Policies: Opening up the banking sector to enhance accessibility for both local and foreign investors.
• Eased Conditions for Foreign Investment: Creating a more attractive environment for international businesses looking to enter the Ethiopian market.
• Greater Role of the Private Sector: Encouraging private enterprise and reducing state control over key economic sectors.

Economic Opportunities and Market Access

By achieving WTO membership, Ethiopia aims to tap into a consumer base of 120 million people, opening new avenues for global trade and investment. Kassahun Gofe Balami, Ethiopia’s Minister of Trade and Regional Integration, noted that joining the WTO would not only facilitate trade but also provide a significant boost in investor confidence regarding Ethiopia’s economic trajectory.

Recent Developments

The recent market access agreement is part of Ethiopia’s broader strategy to engage with major global economies as it continues to push forward in its bid for WTO membership. The deal with China, along with the earlier agreement with Turkey, underscores Ethiopia’s proactive approach in forging strategic economic partnerships.

For more information about Ethiopia’s trade policies or the WTO accession process, you can visit the World Trade Organization website.

Conclusion

Ethiopia’s recent agreement with China represents a crucial step in its journey towards WTO membership. As the country continues to implement reforms and establish strong economic ties, it sets the stage for enhanced trade opportunities and greater engagement in the global market.

By aligning more closely with international trade standards, Ethiopia is not only positioning itself for future economic growth but also attracting investment that can lead to sustainable development.