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Dubai: Abiy Talks With UAE To Replace Shares In Berbera Port With Ethiopian Investment In Zeila Port

Araweelo News Network.

Dubia(ANN)-The Ethiopian government now appears determined to convert its 19% stake in Berbera Port to investment and development in the historic port of Zeila in western Somaliland.

Ethiopian Prime Minister Abiy Ahmed has been in the United Arab Emirates for the past two days on an unannounced visit, where he met with UAE officials in what the Ethiopian government described as a diplomatic move.

A series of high-profile events in recent weeks have been linked to the possibility of this and related information, including Somaliland President Muse Bihi’s visit to Ethiopia and a recent statement by Somaliland’s Minister of Finance Dr. Sa’ad Cali Shire.

READ: “Berbera port reaches another milestone in Development” by statement DP world

The Ethiopian government’s stake in the Berbera port has changed, according to a report published by MyViewsOnNews. Sa’ad Ali Shire recently stated that Ethiopia’s investment in the port of Berbera is unaccounted for, and clarified that the port of Berbera is currently owned by the United Arab Emirates and Somaliland, with Somaliland accounting for 35 percent and DP World for 65 percent, indicating that Ethiopia’s 19 percent share has been vanished.

Related: DP World operator of Berbera International Port signed a $ 1 billion agreement with the Ethiopian government

According to the report, the Ethiopian government intends to transfer its stake in Berbera port to Zeila port, citing, “The First, Zeila Port, is close to Ethiopia. “Secondly, a large amount of natural gas reserves have been found in the Somali region of Ethiopia,” the report said.

The British New Age and the Chinese company GCL, which is exploring for natural gas in Ethiopia’s Somali region, wanted to use the Zeila gas pipeline, according to the report.

“Ethiopia now wants to export this natural gas to the port of Zeila in Somaliland, from the Somali region, with the help of China and financial support.”said the report.

Related: Somaliland and DP World have jointly opened a new Terminal at the Strategic Port of Berbera

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By Arraale M Jama Freelance Journalist and Human Rights activist.

Araweelo News Network.

info@araweelonews.com

About the Author

- #Arraale Mohamoud Jama is a freelance and investigative journalist, writer and human rights activist with more than 20 years of experience. He writes about a range of topics related to social issues such as human rights, politics and security. Other topics in which Mr. Arraale is interested include democracy and good governance. Mr. Arraale has written extensively on regional and international events, and has worked with Somaliland newspapers and Human rights organizations. In 2008, he established #Araweelo #News #website# Network, which he currently manages. For further information, please contact: Info@araweelonews.com or jaamac132@gmail.com Send an SMS or MMS to + 252 63 442 5380 whatsapp.com/ + 252 63 442 5380 /https://twitter.com/Araweelonews/https://www.facebook.com/Araweelonews/

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