Djibouti announces over 82% reductions in port tariffs for Ethiopia’s exports

Addis Ababa, April 14, 2020 (FBC) –Djibouti has announced 82.5% reductions in port tariffs for Ethiopia’s exports due to coronavirus (COVID-19) pandemic.

Port Djibouti currently accounts for more than 95% of Ethiopia’s imports and exports.

Prime Minister Dr Abiy Ahmed appreciated the decision and extended gratitude to the President.

“Profound gratitude to President Ismail Omar Guelleh of Djibouti for recognising a neighbour in need,” he said on twitter.

“With 82.5% reductions in port tariffs for exports at this critical time, the support is testimony to countering the effects of COVID19 through collective leadership,” he added.