Eritrea Trade Agreements

As a result, MoTI has identified the preferred transaction and product currency of traders in the region. The currency will be in place when the two nations enter into trade agreements; You will choose Birr, Nakfa or USD as your transaction currency, according to Wondimu. The IIA browser is constantly adapted by reviewing and commenting from UN member states. It is based mainly on information provided by governments on a voluntary basis. A contract is entered into a country`s IGE census after its formal conclusion; Contracts that have been negotiated but have not been signed are not counted. A contract is excluded from the IGE census as soon as its termination comes into force, whether or not it may continue to have legal effects on certain investments during its “survival” period (“sunset”). If the contract is replaced, only one of the contracts between the same parties is accounted for. Depending on the situation, the contract counted may be “old” if it remains in force until the newly concluded AI is ratified. While every effort is made to ensure the accuracy and completeness of the content, UNCTAD assumes no responsibility for errors or omissions in this data. The information and texts contained in the database have a purely informative purpose and have no official or legal status. If there is any doubt about the contents of the database, it is recommended that you contact the relevant ministry or states concerned. Users are encouraged to report agreements, errors or omissions via the online contact form.

“If MoFA gives us the green light, we will conclude the trade agreement with our Eritrean counterpart. We have already expressed our interest and are awaiting their response.┬áIiA Mapping Project The IIA Mapping Project is a cooperative initiative between UNCTAD and universities around the world to represent the content of II A`s. The resulting database serves as a tool to understand trends in CEW development, assess the prevalence of different policy approaches, and identify examples of contracts.