ADDIS ABABA, April 2 – Ethiopia is on track to join the World Trade Organization in 2026, bringing its more than two-decade accession process closer to completion as the country advances efforts to integrate into the global trading system.
The anticipated membership follows a series of economic reforms introduced over the past two years, including currency liberalisation, the removal of foreign exchange controls, and the opening of sectors such as banking and telecommunications. These measures form part of a reform programme supported by the International Monetary Fund.
Ethiopia’s accession comes after a period of economic strain marked by foreign currency shortages, double-digit inflation and a sovereign debt default in 2023.
According to the International Trade Centre, WTO membership would anchor Ethiopia within a rules-based global trading system, with small businesses expected to gain access to new markets and opportunities to participate in global value chains.
Trade experts also note that accession would require binding commitments across key sectors, including financial services and telecommunications, reinforcing ongoing policy changes.
The WTO bid is part of a broader strategy that includes deeper participation in the African Continental Free Trade Area and engagement with BRICS economies.
Ethiopia would retain preferential trade access to key partners such as the European Union, India and Brazil under existing arrangements.
The development comes amid wider challenges facing the WTO, including rising global trade tensions and shifting policy priorities among major economies.
