Somalia is in talks to allow Ethiopia access to an Indian Ocean port, which may lead to a framework agreement expected by June. This initiative aims to address trade route disputes following tensions between the nations regarding Somaliland’s port access. The agreement may also enhance Ethiopia’s trade capabilities as it continues to rely on neighboring ports since becoming landlocked in 1993.
Somalia is considering providing landlocked Ethiopia with access to a port on the Indian Ocean, a move aimed at resolving longstanding disputes regarding direct maritime trade access. Talks between the two nations are currently underway, with the goal of establishing a framework agreement by June. Ali Mohamed Omar, Somalia’s state minister for foreign affairs, indicated in an interview that this framework will identify the type of port, the specific location in the Indian Ocean, and the overall costs associated with it.
These discussions follow a meeting between Somali President Hassan Sheikh Mohamud and Ethiopian Prime Minister Abiy Ahmed in Mogadishu. Somalia and Ethiopia are working to ease escalating tensions that arose in January 2024, when Abiy announced a potential agreement with Somaliland – a self-governing region claimed by Somalia – for port access and military facilities in exchange for a stake in Ethiopian Airlines.
Although Somaliland declared independence in 1991, it has yet to receive international recognition. In efforts to resolve their conflict, Abiy and Mohamud committed to reach a resolution by the end of February, under a framework facilitated by Turkish President Recep Tayyip Erdogan. Additionally, Somalia announced plans for Metag Holding, based in Turkey, to initiate the construction of a new port in Hobyo by the end of the year.
Ethiopia, now Africa’s third-largest economy, has faced challenges since becoming landlocked in 1993 following Eritrea’s independence, relying heavily on neighboring nations for port access and maritime trade services.
In summary, Somalia’s potential agreement to grant Ethiopia access to an Indian Ocean port marks a critical development in regional relations. Both nations are actively engaging in negotiations to establish a framework agreement, which could prove beneficial in facilitating trade and alleviating tensions following past disputes. This collaboration could also positively impact Ethiopia’s economic situation as a landlocked nation pursuing direct trade routes to the sea.
Original Source: gcaptain.com
