Somalia has agreed to provide Ethiopia with access to its ports for commercial purposes. This decision follows discussions between Somali President Hassan Sheikh Mohamud and Ethiopian Prime Minister Abiy Ahmed. The agreement is expected to enhance economic cooperation while addressing long-standing tensions.
The framework agreement, anticipated to be finalized by mid-2025, will enable Ethiopia, a landlocked country, to use Somali ports for trade. This aims to lessen Ethiopia's reliance on Djibouti, currently managing over 90% of its maritime trade. Somali officials clarified that Ethiopia will have conditional access for commercial purposes, without ownership of Somali ports.
Somalia's Foreign Minister Ali Mohamed Omar stated, "This agreement is a step toward fostering regional trade and economic integration. It reflects our commitment to resolving disputes through dialogue and mutual understanding." Ports under consideration include Mogadishu, Hobyo, and Kismayo, with final decisions based on logistical and economic factors.
This move follows strained relations, notably Ethiopia's agreements with Somaliland, a self-declared independent region of Somalia. In 2024, Ethiopia signed a deal for access to Somaliland's Berbera port, which Somalia condemned. The new agreement seeks a mutually beneficial solution respecting Somalia's sovereignty.
Economic experts view the agreement as beneficial for the region. Somalia could gain from increased trade and investment, while Ethiopia may enjoy a diversified and cost-effective trade route. However, challenges include potential impacts on Somalia's maritime resources and the need for regulatory frameworks.
The African Union and the United Nations have expressed support, highlighting the role of diplomacy in fostering peace and development. Somalia plans to invest in port infrastructure to handle increased trade, aiming to strengthen its position in regional trade and logistics.
As the agreement progresses, both nations focus on ensuring mutual benefits while safeguarding Somalia's sovereignty.
Source: Somali Magazine