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Regulations - Financial

Ethiopian Customs Commission tightens the regulation of goods imported without foreign currency payments (Franco-Valuta)

Apr 09, 2025
Ethiopian Customs Commission tightens the regulation of goods imported without foreign currency payments (Franco-Valuta)
  • The National Bank of Ethiopia (NBE) confirmed the repeal of the decades-old Establishment Proclamation No. 691/2000, replacing it with the more robust NBE Proclamation No. 1359/2017
  • Non-commercial Franco-Valuta requests from government agencies, NGOs, and international organizations must now be vetted by Customs Operations Managers and approved only by senior Customs Office Managers
  • you can check the NBE proclamation here: https://nbe.gov.et/wp-content/uploads/2025/03/National-Bank-of-Ethiopia-Proclamation-13592025.pdf