Somalia, Eritrea, Ethiopia to hold trilateral talks to foster trade
The president of Somalia Mohamed Abdullahi Farmajo is making efforts to consolidate gains by facilitating the prospect of a tripartite agreement on economic Integration between Somalia, Eritrea and Ethiopia at the Forum on China-Africa Cooperation.
Sep 07, 2018: The president of Somalia Mohamed Abdullahi Farmajo is making efforts to consolidate gains by facilitating the prospect of a tripartite agreement on economic Integration between Somalia, Eritrea and Ethiopia at the Forum on China-Africa Cooperation.
Farmajo, Ethiopian PM Abiy Ahmed and Eritrea’s president Isaias Afwerki are scheduled to meet in Asmara this week, to hold discussions on strengthening the economic and security stability of the region. The leaders would also discuss measures to end all political and social conflicts between the countries of the horn.
Farmajo’s vision is to promote free trade flow and a mutual economic cooperation between all the countries of the Horn of Africa. Somalia seeks to play a key role in the economic and social integration of the Horn of Africa to foster trade and investment and to improve connectivity between the people and businesses of the Horn.I
In Beijing, Somalia signed the Belt and Road Initiative that enhances connectivity and promotes economic development and an agreement on improving Economic and Technical Cooperation between China and Somalia.
Somalia’s ambition to take the lead in facilitating a robust Horn of Africa trade bloc would foster stronger economic stability and development for the Horn nations.