Somaliland, UAE envoys discuss matters of mutual interest

0
Tuesday 19th November 2019 07:10:22 in English News by Xafiiska Hargeysa
  • Visits: 207
  • (Rating 0.0/5 Stars) Total Votes: 0
  • 0 0
  • Share via Social Media

    Somaliland, UAE envoys discuss matters of mutual interest

    Somaliland, UAE envoys discuss matters of mutual interest

    Share on Twitter Share on facebook Share on Digg Share on Stumbleupon Share on Delicious Share on Google Plus

Somaliland, UAE envoys discuss matters of mutual interest



UAE ambassador to Ethiopia Mohamed Salem Alrashdi received the Somaliland ambassador to Ethiopia Salan Hassan Abdullah at UAE Embassy in Addis Ababa.
The two sides discussed issues of mutual interest between the two countries. according to UAE Embassy in Addis Ababa EthiopiaSomaliland, UAE envoys discuss matters of mutual interest
Somaliland and UAE
The United Arab Emirates has listed Somaliland as the leading African country where it has the highest foreign direct investment (FDI).
According to the UAE Ministry of Foreign Affairs, the country’s FDI outflows for the financial year 2017/2018 amounted to US$11.52 billion dollars, US$2.58 billion going to the Persian Gulf country.
Already,UAE company Dubai Port has pumpedin US$ 442 million to expand the port of Berbera which the UAE see as very strategic to them.Somaliland, UAE envoys discuss matters of mutual interest
The Berbera port expansion is designed to equip the Somaliland port for major vessels and transform it into one of Africa’s pre-eminent facilities in the breakaway region.
UAEmilitary base in Somaliland is also set to begin operating by June. The base will include a coastal-surveillance system.
The U.A.E. is growing its military presence in the Horn of Africa to help protect trade flows through the Bab el-Mandeb strait, a key shipping lane used by oil tankers and other cargo vessels en route to the Suez Canal. Emirati footholds in Somaliland andEritreaprovide strategic locations as the U.A.E. supports the Saudi Arabia-led war against Houthi rebels in Yemen.


Loading...
LATEST NEWS