The Ethiopian Trading Businesses Corporation (ETBC) is a federal government public enterprise established by The Council of Ministers Regulation No. 369/2015 on the 22^nd of December, 2015. The corporation is governed under the Public Enterprises Proclamation No. 25/1992 and is currently administered by by Ethiopian Investment Holdings. The corporation is established through amalgamation of the Ethiopian Grain Trade Enterprise, the Ethiopian Fruits and Vegetable Marketing S.C., the Ethiopian Trading Enterprise and the Procurement Services Enterprise.

ETBC aims at achieving the following corporate goals, including:

■ keeping a steady domestic market through procurement of selected agricultural and industrial products and basic consumer commodities from local and foreign markets;

■ procuring and selling various products in domestic and foreign markets on the basis of prevailing market prices;

■ providing support and motivation to farmers with the view to build their interest in producing agricultural products, and ensuring that their produce gets reliable markets;

■ introducing and operationalizing modern, efficient, effective responsible and accountable trading system;

■ cooperate with research, education and training institutions to produce skilled personnel in required quantity and field of expertise for its operations;

■ providing consultancy, procurement and training services about national and international procurement;

■ issuing bonds for sale; buying, acquiring and pledging bonds; negotiating and executing loan agreements from local and foreign resources; and

■ based directions from the supervising authority, attract investment that may help the corporation acquire human resources, financial, technological and modern business management inputs which, in turn, help ETBC become competitive profiting business institution on local and international markets.