Somalia Considers Port Access for Ethiopia to Enhance Trade Relations
Somalia is considering providing Ethiopia with access to an Indian Ocean port to enhance trade relations and resolve existing disputes. A framework agreement is anticipated by June, outlining port specifics. This development follows tensions that arose due to Ethiopia’s engagement with Somaliland. Both nations are seeking to stabilize relations and improve access to maritime routes for Ethiopia’s economy.
Somalia is contemplating granting Ethiopia access to a port on the Indian Ocean, a move intended to resolve ongoing disputes regarding Ethiopia’s need for a direct maritime route. According to Ali Mohamed Omar, Somalia’s state minister for foreign affairs, discussions are underway with the aim of finalizing a framework agreement by June. This framework will specify the type of port, its location in the Indian Ocean, and associated costs.
The talks between Somalia and Ethiopia follow an escalation of tensions in January 2024, when Ethiopian Prime Minister Abiy Ahmed announced plans to enter into an agreement with Somaliland for port access, which Somalia considers under its sovereignty. This arrangement included a proposed stake in Ethiopian Airlines for Somaliland, which has sought independence since 1991 but lacks international recognition.
Somali President Hassan Sheikh Mohamud and Prime Minister Abiy agreed to settle their differences by the end of February, thanks to a mediation effort by Turkish President Recep Tayyip Erdogan last December. Furthermore, in October, Somalia revealed plans for the construction of a port in Hobyo, backed by Ankara-based Metag Holding, to further bolster its coastal capabilities.
Ethiopia, having been landlocked since Eritrea’s independence in 1993, relies significantly on neighboring countries’ ports. This potential access to Somali ports could alleviate Ethiopia’s logistical challenges and foster better regional relations. Overall, the engagement between the two nations appears to be a strategic effort towards mutual benefit and stability in the region.
In summary, Somalia’s potential grant of port access to Ethiopia signifies a crucial step in addressing trade and territorial disputes between the two nations. With negotiations aimed at finalizing an agreement by June, the prospective framework will outline the specifics of port access, potentially enhancing trade routes for landlocked Ethiopia. The dialogue reflects ongoing diplomatic efforts to stabilize relations and reinforce economic cooperation in the region.
Original Source: gcaptain.com
