Ethiopian Mobile Assemblers Request Revision of Value Added RequirementsJune 11, 2017 - The Ministry of Industry is looking into a proposal submitted by by mobile assemblers, requesting revision of its value addition requirements, according to the reporter. This proposal came a year after a similar amendment of a value addition directive by the Ministry of Finance and Economic Cooperation (MoFEC). This specific value addition requirement imposed on mobile assemblers has become a focus of contention. With this in mind, mobile assemblers have called for a variable value addition requirement for Compete Knock down (CKD) and Semi Knock down Assemblers (SKD). The assemblers proposed a two-percent value addition for CKDs, and a five-percent value addition requirement for SKDs.

Source: Ethiopian News June 11, 2017 10:27 UTC