Ethiopia Should Ease Bank, Telecom Rules to Join WTO, U.S. Says

By Jason McLure

March 19 (Bloomberg) — Ethiopia should liberalize its protected banking and telecom sectors as a step toward joining the World Trade Organization, a U.S. trade official said.

“For a country like Ethiopia, this is extremely important in establishing the competitiveness of its economy,” Peter Allgeier, the U.S. representative to the WTO, said at a press conference in the Ethiopian capital, Addis Ababa. “Our expectation would be there are some movements in these areas.” Read More.