Import Requirements in Ethiopia
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Questions and Answers

What must always be mentioned in the LC or Purchase Order for payment?

  • Certificate of insurance
  • Certificate of compliance
  • Certificate of authenticity
  • Certificate of quality (correct)
  • Which document should be attested by the chamber of commerce of the country of the supplier?

  • Airway Bill
  • Packing list
  • Certificate of origin invoice (correct)
  • Bill of lading
  • Who is responsible for checking documents and ensuring that the goods shipped comply with the L/C terms or purchase order?

  • Chamber of Commerce
  • Banks (correct)
  • Suppliers
  • Import-Export Facilitators
  • In case the documents presented are not in compliance with the letter of credit terms, what action will be taken regarding payment?

    <p>Payment will be released after clarification and amendments</p> Signup and view all the answers

    Which entity assists in the process of going international by supplying knowledge and information?

    <p>Import-Export Facilitators</p> Signup and view all the answers

    What is a mandatory document for payment according to the provided text?

    <p>Country of Origin Invoice</p> Signup and view all the answers

    Which document might require attestation by the chamber of commerce?

    <p>Commercial Invoice</p> Signup and view all the answers

    Who ensures that goods shipped match the L/C terms or purchase order?

    <p>Banks</p> Signup and view all the answers

    What action is taken if presented documents comply with L/C terms or purchase order?

    <p>Payment will be made immediately.</p> Signup and view all the answers

    What role does Chamber of Commerce play in international trade facilitation?

    <p>Assisting with knowledge and information provision.</p> Signup and view all the answers

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