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This new policy was jointly issued by the Ethiopian Ministry of Finance and Economic Development and the Leather Industries Development Association.
The Ethiopian Leather Industry Association** Solomon Getu had previously announced that in 2010, the leather industry in Ethiopia was on the rise in exports of finished leather.
In addition, in November this year, Ahmed Nuru, representative of the Ethiopian Ministry of Trade, said at the National Leather Industry Forum that the government is ready to control the export of raw materials from December.
The Ethiopian Ministry of Finance and Economic Development (MoFED) announced that it has imposed a 150% tariff on semi-finished leather exports since December 2011. This policy aims at encouraging the export of finished leather and leather products.