Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and farming have their vehicles stranded at the Djibouti ports, following a policy shift by the federal government banning the imports of vehicles that are not electric-powered. Although importers of these vehicles have raised concerns with the authorities, no satisfactory response was provided until two weeks ago, when the Ethiopian Investment Commission (EIC) intervened.Two weeks ago, Commissioner Hanna Arayaselassie wrote to Alemu Sime (PhD), minister of Transport & Logistics, asking for clarification and discussion of the pending concerns.Domestic and international investors are concerned about the decision to prohibit imports of vehicles powered by gasoline fuels. They see the decision, targeting urban pollution and promoting sustainable development, lacks clear legislation and effective enforcement mechanisms, creating operational issues and uncertainty for businesses.See more on :https://addisfortune.news/electric-vehicle-push-leaves-investors-in-the-lurch/ (ICE ADDIS ABEBA)

Fonte notizia: Addis Fortune