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CONTENTS

Council of Ministers RegulationsNo. 20/1997Ethiopian Trade Point Establishment Council ofMinisters Regulations "'''''''''''''''''''''''''''''' Page 637

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COUNCIL OF MINISTERS REGULATIONS No. 20/1997

COUNCIL OF MINISTERS REGULATIONS TO

PROVIDE FOR THE ESTABLISHMENT OF THE

ETHIOPIAN TRADE POINT

These Regulations are issued by the Council of Ministers

pursuant to Article 5 of the Definition of Powers and Duties of the

Executive Organs of the Federal Democratic Republic of

Ethiopia Proclamation No. 4/1995.

1. Short Title

These Regulations may be cited as the "Ethiopian Trade

Point Establishment Council of Ministers Regulations No.20/1997."

2. Definitions

In these Regulations, unless the context otherwise requires:

1) "Ministry" or "Minister" means the Ministry or the

Minister of Trade and Industry, respectively.

2) "Trade Point Participants" means government and

private organizations which playa major role in

facilitating foreign trade activities.

3. Establishment

1) There is hereby established the Ethiopian Trade Point

(hereinafter "the Trade Point") as an autonomous

government institution having its own legal personality.

2) . The Trade Point shall be accountable to the Minister.

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Federal Negarit Gazeta - NO.1 20UlOctober, 1997-Page 638

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4. Objectives

The Trade Point shall have the following objectives:

1) to collect, compile, process and appropriately dis-

seminate trade related information so as to promote the

Country's foreign trade;

2) to make foreign trade proceduresefficient by facilitating

a situation whereby the Trade Point participants providea co-ordinated service;

3) to facilitate electronic trade transactions based oninternational standards.

5. Powers and Duties of the TradePoint,

without prejudice to specificpowers and duties given by law

to other government institutions, the Trade Point shall have

the following powers and duties:

1) to receive, collect, compile and disseminate to users

trade~telated information by becoming part of the

international information network and by using modern

communication systems;

2) to process and disseminate to users information neces-

sary for foreign trade activities by purchasing and

collecting them from foreign or domestic sources;

3) to submit proposals on foreign trade policies and

strategies to the Ministry;

4) to cause the establishment of strong cooperation and

relations with similar Trade Points in other countries;

collect and disseminate foreign trade laws, regulations,directives and technical standards of other countries;

5) to promote domestic products on international markets

by using the communication system of the Trade Point;

6) to facilitate the coordination of services rendered by

. institutions relevant to foreign trade activities;

7) to charge fees for the services it renders;

8) to establish relations with relevant domestic and foreign

organizations with a view to carry out functions assig-

ned to it under these Regulations;

9) to own property, enter into contracts, sue and be sued in

its own name;

10) to engage in other activities necessary to accomplish its

objectives.

6. Office of the Trade Point

The office of the Trade Point shall be in Addis Ababa.

7. Organization of the Trade Point

The Trade Point shall have:

1) a board of Management (hereinafter "the board");

2) a Director to be appointed by the Minister upon the

recoinmendation of the board; and

3) the necessary staff.

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8. Members of the B6;:'d

1) The Board shall constitute seven members to be

. designated by the Government from the private sectorand government institutions.

2) The Chairperson shall be assigned by the Governmentfrom among the'members of the Board.

9. Powers and Duties of theBoard

The Board shall have the following powers and duties:I) to supervise andfollQw up the activities of the Trade

Point and ensure that IT fun<;tionsin accordance with itsobjectives; .

2) to determi!lethe org4lIlizationalstructure of the TradePoint; issue directives whJch assist in the efficientprovision of the services of the Trade Point and ensure

, the implementation of same; .3) to prepare and submit to the Ministry draft directives,

based on the general,principles of federal civil servicelaws, for the employment and administration of the staffof the Trade Point and supervise the itnplementation ofsame upon approval;'

4) to approve the employment, assignment and dismissalof officials directly accountable to the Director;

5) to deliberate on foreign trade policies and strategies andsllbmit 'p~oposalson same to the Ministry;

6) . to determinefees to be chargedby the TradePoint forthe services it provides; . c .

7) to evaluate and endorse agreements,to be concluded bythe Trade Point with local or foreign institutions;

8) to submit the work program and budget of the TradePoint to the Ministry and, upon approval, supervise theimplementation of same;

9) to approve the internal regulations of the Trade Point tobe preparedpursuant to these Regulations and follow upthe implementation of same;

10) to deliberate and decide on other policy issues proposedby the Director;

11) to give general directives to the Director;12) to evaluate the performance-report of the Trade Point,

quarterly, and submit same to the Ministry together withits comments.

10. Meetings of the Board1) The Board shall have a regular meeting every month; it

may, however, convene extraordinary meetings as, deemednecessary.

2) There shall be a quorum where more than half of the

. members of the Board are present.3) Without prejudice to th~provision of sub-Article (2) of

this Article, the Board shall decide by a majority vote.In case of a tie the chairperson shall have a casting vote.

4) Subject to the provisions of this Article, the Board mayissue its own rules of procedure.

11. Powers and Duties of the Director1) The Director shall be the chief executive officer of the

Trade Point and, as such shall, subject to the generaldirectives of the Board, direct and administer theactivities of the Trade Point.

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2) Without limiting the generality of sub-Article (1) of

thisArticle,theDirector~hall: .(a) exercise the powers and duties of the Trade Point

specified in Article 5 of these Regulations;(b) employ,administer- and dismiss the staff of the

Trade Point in accordance with the directives

issued pursuant to Article 9 sub-Article (3) oftheseRegulations; .

(c) prepare and submit to the Board the work programand budget of the Trade Point and implementsame upon approval;

(d) effect payment in accordance with the approvedbudget and work program of the Trade Point;

(e) represent the Trade Point!in its dealings with thirdparties;

(f) submit to the Board the performance and financialreports of the Trade Point.

3) The Director may delegate part of his powers and duties,to other officers and employees of the Trade Point to theextent necessary for the effecti'Veperformance of theactivities of the Trade Point.

12. Budget1) The budget of the Trade Point shall be drawn from the

following sources:(a) budget allocated by the Federal Government(b) fees collected for its services; and(c) grants, donations, and any other sources of

Income.

2) The allocation of budget by the Federal Governmentshall continue only until such time as the Trade Point isfully financially serf-sufficient.

3) The funds raised from the sources referred to in sub-Article (1) (b) and (c) of this Article, shall be depositedin a bank account to be opened in the name of the TradePoint and shall be expended towards the fulfilment ofits objectives.

13. Books of Account

1) The Trade Point shall keep complete and accuratebooks of -account.

2) The books of account and financial documents of theTrade Point shall be annually audited by the AuditorGeneral or by an external auditor assigned by him.

14. Effective Date

These Regulations shall come into force as of the date oftheir publication'in the Federal Negarit Gazetta.

Done at Addis Ababa, this 20thday of October, 1997.MELES ZENAWl

PRIME MINISTER OF THEFEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA

.nC:Y1tj M9" "'+"'i..I' 0.'1-;"+00BERHANENA SELAM PRINTING INTERPRISE