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Ournal the Star Fire & General Insurance Cumpanv Limited Share Company tkió CHAMBER OF COMMERCE NEWS INDUSTRIAL GROWTH OF HARAR PROVINCE ETHIOPIA PARTICIPATES IN CANADIAN WORLD FAIR PETROLEUM REFINERY FRANCO-ETHIOPIAN RAILWAY Trade I I Vol. V Ho. 1 - loi) 1 9 67 J Price Eth. $ 1.50 ournal The Star Fire & General Insurance Cumpanv Limited Share Company (INCORPORATED IN ETHIOPIA) REGISTERED WITH IMPERIAL ETHIOPIAN GOVERNMENT MINISTRY OF COMMERCE & INDUSTRY UNDER 7648/59 RtiHSURAIMCE PLACED WITH EUROPEAN, ASIAN & AMERICAN INSURANCE COMPANIES ALL CLASSES OF INSURANCE TRANSACTED ADDIS ABABA - P. 0. Box 1034 - Phone 17501 Cable: "STARFIRE" el4St frh: l"\: h^íV s fílrtm « « COCA-COLA REFRESHES YOU BEST f K •> f- ä- ^ ! f n > a. 7 -ï í h r ^ ^ a. °v. -> ä" » f l>h ' liA i n A /" A «I 7 « THE BOTTLING COMPANY OF ETHIOPIA LTD. AUTHORIZED BOTTLERS OF (fyglwßl P. O. Box 1346, ADDIS ABABA, Tel. 46314 THE FIRST PRIVATELY ESTABLISHED RAIVH IIV ETHIRPIA BRANCHES: NEW MARKET (Addis Ketema) Tel.: 13188, 1601 1 ARADA (at the junction of Churchill Road & Wavell street) Tel.: 17101—2 Addis Ababa AGARO (Kaffa Province) Tel.: 48 ASMARA Tel.: 13233 Cable: ADISBANK, ASMARA JIMMA—KAFFA Daub P. 0. Box 213 Tel. 307 P. 0. Box 751 SELASSIE BRANCH A.A. Tel. 1601 1, 13188 (5 lines) Miazia 27 Square P. O. Box 751 ADDIS ABABA, ETHIOPIA Tel. 14685, 14687. Cables: ADISBANK P. 0. Box 213 Principal Correspondents NATIONAL and GRINDLAYS DAND LTD. LONDON Direct Correspondents in USA, Europe, Asia and Africa. Current, Savings & Time deposits. Foreign exchange business of every description. all Travellers cheques issued and cashed. types of banking Commercial credits opened and accepted business undertaken collections of all types handled. Safe custody, security purchases, investment advice. your enquiries are welcome In fact a fully comprehensive Banking Service 2 HIS IMPERIAL MAJESTY HAILE SELASSIE I Emperor of Ethiopia The 15th birthday of the Emperor was celebrated on 23rd July 1967. The business community joins the Board of Directors and staff members of the Addis Ababa Chamber of Commerce in offering their felicitations to His Imperial Majesty and pray to God Almighty to give Him a long life to guide Ethiopia and her people for many more years. Siberian fi Co. (Ethiopia) Ltd. S.C. ADDIS ABABA P. O. Box 64 PHONES: Ofíices PBX 47096/47097/47098 VW Sedes Dept. 44439 VOLKSWAGENWERK A. G. Export Dept. 45370 WOLFSBURG KL0ECKNER-HUMB0LDT-DEUT2 A. G. Volkswagen KOELN & ULM Service Station 45757 / 46743 CONTINENTAL GUMMI-WERKE A. G. HANNOVER Grundig Radio GRUNDIG VERKAUFS G.M.B.H. Retail Shop 12834 FUERTH/BAYERN ACCUMULATOREN FABRIK A. G. Continental Tyres FRANKFURT/MAIN Department 47096 Ex. 901 A. E. G. FRANKFURT & BERLIN Warehouse in Customs PFAFF - GRITZNER EXPORT G.M.B.H. Enclosure 45582 KAISERSLAUTERN Hides EHLERMANN K. G. and Skins Store. VERDEN/ALLER Addis Ketema 11069 PERPETUUM EBNER ST. GEORGEN SCHWARZWALD DR. ING. H. C. F. PORSCHE K. G. STUTTGART FROBANA MASCHINENFABRIK WUPPERTAL SOCIETA' SALINE DI MASSAUA MASSAUA LORO E PARISINI MILANO ASMARA ATLAS COPCO P. O. Box 341 STOCKHOLM Phones: 10536. 10568 ALLIS - CHALMERS INT. MILWAUKEE Associated S. A. BERNARD MOTEURS Companies: PARIS ASMARA CONSORZIO FABBRICANTI DINAMITI MILANO KHARTOUM IMPER SCHIERONI & FIGLI TORINO GÄMBEL A VENAZETTI VIBRAZIONI S. A. MOGADISHOU MILANO FULGOR — EXPORT ADEN GENOVA MILAN ROME The Ethiopian Trade Journal is published quarterly by the Ethiopian Chamber of Com¬ THE ETHIOPIAN merce, Addis Ababa. The Journal is intended to give wide pu¬ blicity to Ethiopia's economic growth, com¬ TRADE JOURNAL mercial and industrial development and trade advancements. It shall also play the best role to introduce Ethiopian merchants and products to those in other countries. The "Trade Enquir¬ ies" section of this journal will include local Vol. V No. 1. July 1967 business offers. Pages are also devoted to publicise the touristic attractions of the coun¬ try. Copies of the Journal are on sale at all bookshops in Addis Ababa They are available at all Imperial Ethiopian Embassies and Con¬ sulates abroad. They are distributed in more CONTENTS than 80 countries throughout the world. Co¬ pies can be also obtained directly from the office of the Chamber of Commerce. Page 7 1. Editorial — E.hiopia's participation in Expo-67 9-14 SUBSCRIPTION RATES 2. Chamber of Commerce News South Korean Economic Delegation Visits Ethiopia, The annual subscription rates including Polish Exhibition, postage are : - Hungarian! Trade Exhibition, Local : Eth.S 5.50 Czechoslovak Economic Delegation, Foreign: Eth. $ 8.00 Japan to import More Beans, The price for a single copy is Seminar for Business Executives. Local : Eth.S 1.50 Foreign : Eth.S 2.25 3. Industrial Growth of Harar Province 15-23 4. Franco-Ethiopian Railway Celebrates 50th Anniversary 24-29 Greatest care is taken to ensure the accur¬ acy of articles and other items published in 5. Ethiopia Takes Part in Canadian World Fair 31-37 this journal. They may be reprinted elsewhere provided due acknowledgement is made. 6. Headquarters of Philips (Ethiopia) Ltd. Inaugurated 38-39 7. Ethiopia's Petroleum Refinery 41-51 8. Economic News 53-54 ADVERTISEMENT More Finance for Metahara Sugar Plantation, New Development Centers Opened, Ordinary page (full) = Eth.S 50 Share Dealing Ordinary page (half) = Eth.S 30 Service of the Investment Bank, Ordinary page (quarter) = Eth $ 20 Commercial Bank Opens New Branches, UN Transportation Experts Visit Addis Ababa, Prospects for the export of Leather Products, JETRO Opens Branch In Addis Ababa. EXCHANGE RATES 9. For Tourists 55 £ Stg. 1 Eth.S 7.00 10. Addis Ababa U.S.S 1 Eth.S 2.50 Market Prices 68 Published by COVER PICTURE THE ETHIOPIAN CHAMBER OF COMMERCE The Ethiopian Pavilion at the Canadian P. O. Box: 517, Phone: 48240-3, Cable: "CHAMBERCOM" ADDIS ABABA Centennial Fair at Montreal, Canada. 5 jor° 5t. eorcfe Seer3 PROCESSED AND MADE BY THE MODERN IN¬ STALLATION AS USED INTERNATIONALLY BY THE BEST BREWERIES. AGAIN ASK FOR St. GEORGE BEER BECAUSE IT IS MADE WITH PURE MALT, HOPS AND WATER, 3t iô WITHOUT ADDITION OF ANY KIND OF CHE¬ MICALS. a ALWAYS ASK FOR St. GEORGE BEER. ITS ALC- Wealthy HOLIC CONTENT IS SUCH THAT IT WILL NOT INTERFERE WITH YOUR WELLBEING, AL¬ ^zDrink THOUGH IT WILL ALWAYS QUENCH YOUR THIRST. DRINK St. GEORGE BEER WITH PURE HOPS AND MALT, TOGETHER WITH YOUR GREAT GRAND CHILDREN. = I St. GEORGE BREWERY P.O.B. 737 - ADDIS ABABA - Phones 48260-48261-2-3 TiliiiiiiiiiiiiiiiiiiiiiiiiniiiiiiiliiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiriiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiHiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiih' 6 EDITORIAL J ETHIOPIA 'S PARTICIPATION IN EXPO-67 Ethiopia is one of the 62 countries in the world ing here and to channel the results for the nation's and the only African country south of Sahara with benefit. an independent pavilion at the Canadian Centennial Their representatives are at the pavilion to supply Fair at Montreal. valuable information to interested parties. A re¬ Her un'que red pavilion, representing the Royal presentative of the Chamber of Commerce is always available to talk to businessmen interested to establish tent of her Middle Age, is admitted to be one of the either trade contacts or to find out the investment most successful entries at this world exhibition. The human touch involved in its set up has made it a possibilities. Copies of the Ethiopian Trade Directory and Investment Guide, published by the Chamber, are place of great attraction and more than one million distributed to businessmen. people are estimated to have visited it since the inauguration on May 2, 1967. The Ethiopian Tourist Organisation is using this media to This is the first major international fair in which publicise the attractions in the country for tourists by distribuling pamphlets and folders on Ethiopia is taking part and no effort was spared to historical places and on oiher topics of interest. make it not only as attractive as possible but also as The information thus unfolded will bring good valuable as possible for the country. dividends. It was designed to give a true reflection of Many visitors to this Fair might have heard about Ethiopia's age-old culture and history. Exhibits the famed Ethiopian coffee but had no opportunity assembled representing the ancient, middle and to taste this delicious stimulant and relish its flavour modern are periods of her history supplemented by and aroma. The National Coffee Board of Ethiopia films, cultural shows and pamphlets to convey them is using this occasion to serve it in the attractive Lion to the people of the New World. of Judah coffee shop of the pavilion. Along'with This is not the only aim of the sponsors of the packets of coffee sold to visitors brochures giving Ethiopian pavilion. The economic benefits of this directions how to prepare the best Ethiopian coffee are distributed. The coffee shop is participation are taken into full consideration. For crowded through¬ out the 12 hours of the day when six months — from April 28 !h, to October 27, 1967, it is opened to the visitors. This new when this exhibition is in progress, Montreal will be way of approach to those who the meeting place of financiers, industrialists, im¬ drink coffee and the countries which import it will porters and exporters the wor'd over. Commercial undoubtedly bring new customers for it. transactions worth millions of dol'ars are bound to The Ethiopian boutique where many novel and be made here during this period. traditional handicrafts are displayed is also attracting visitors in large numbers. Ethiopia lias many products for export, invest¬ ment possibilities and attractions for tourists. Many promising business contracts have already been made. There is a coordinated plan to follow The M;nirtry of Commerce and Industry, the them up. Businessmen who wi'I come to Ethiopia Addis Ababa Chamber of Commerce, the National as a result of the interest created at the Fair will be Coffee Board and the Ethiopian Tour'st Organisation given all help to carry on their on-site investigation.
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