[Spread eepBp if you like it].ย Ethiopia and Eritrea agreed (reportedly) to use the same currency, Ethiopian Birr, in exchange for Port and Electricity. While the agreement allowed
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Ethiopia and Eritrea agreed (reportedly) to use the same currency, Ethiopian Birr, in exchange for Port and Electricity. While the agreement allowed Ethiopia to use Eritrean port paying in Ethiopian Birr (ETB), Eritrea will use the cumulative revenue of Ethiopian Birr to pay for electricity that is going to be imported from Ethiopia. ย
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Can this be a way forward to curb the import imbalance for Ethiopia and a positive step in to economic Integration for the two nations?
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