Investigative Reports

Financial Turmoil and a New Questionable Venture Cast Shadows over Boodhari Mills’ Future

In our previous coverage, we explored Boodheri Mills, a...

Somaliland Office in Taiwan Rejects Sexual Misconduct Allegations

The Republic of Somaliland Representative Office in Taiwan has...

Ministry of Information Spends 600,000 US Dollars to Fix a Decade Old Radio Station

According to a contract signed by the Minister of Information, Culture...

Concerned Over Tensions in the Red Sea, Somaliland Asks for Collaborative Solutions

Voiced by Amazon Polly

Somaliland’s Ministry of Foreign Affairs has voiced serious concerns over the Red Sea tension, citing its detrimental effects on the regional and global economies.

The Ministry said in a news release on Tuesday Dec 26, 2023 that the security of the Red Sea, the stability of the surrounding region, and the lives of millions of people who depend on commercial ships passing through the area are all at risk due to the recent increase in tension in the area.

Somaliland government is still keeping an eye on the worsening Red Sea situation. Millions of people relying on the crucial trade routes in this area for their livelihoods are at risk, as well as marine security and regional stability, according to the statement.

In order to terminate the dispute and preserve international law, the statement further urged the parties to give priority to cooperation and peaceful solutions.

“We implore all sides to the conflict to give diplomacy, communication, and a peaceful conclusion first priority. We support a cooperative strategy that puts an emphasis on collective security, upholds international law, and deals with the underlying causes of the political unrest and conflict in the area.”

Part of the statement said, “We call on regional and international actors to play a constructive role in facilitating de-escalation and supporting diplomatic efforts.”

To guarantee that the Red Sea remains a secure channel through which all ships can sail without incident, Somaliland has pledged to accept friends who wish to take part in maritime security initiatives.

“To ensure that the Red Sea remains a safe and prosperous waterway for all, our government remains steadfast in welcoming partners who wish to engage in our maritime security efforts,” the statement said in its conclusion.

This occurs one day after Musa Bihi Abdi, the president of Somaliland, met with business leaders to talk about the negative effects of Red Sea tensions on the local economy and the region as a whole.

The purpose of the discussion was to develop methods to deal with the economic effects of the growing difficulties in transshipment across the Red Sea as a result of the Houthi group’s attacks and blockade of commercial ships at Bab Al-Mandab, Yemen.

It gathered ministers, business experts, businesspeople, and other government officials from the Chambers of Commerce in Somaliland.

Both parties concluded throughout the talks that a thorough plan was required to deal with persistent problems that could endanger communal life.

Leaders in business actively gave recommendations and concepts to address new economic issues.

Among these recommendations is the creation of a joint committee made up of businesspeople and government representatives whose goal would be to create long-term solutions for problems pertaining to commodities and trade at the port.

In addition, the leaders stressed the necessity of working together to increase domestic output in order to achieve self-sufficiency and less reliance on other nations.

Guest article

Latest

Saudi Mining Company Kilomass Secures Lithium Exploration Deal in Somaliland

Kilomass, a major Saudi Arabian mining company, has secured...

Somaliland President Muse Bihi Abdi Highlights National Achievements in Annual Address

The President of the Republic of Somaliland, His Excellency,...

Foe Rather than a Friend: Unpacking Djibouti’s Hostility towards Somaliland

Djibouti’s hostility towards Somaliland is driven by economic competition and regional defense strategies, fearing Berbera port's rising prominence. Djibouti, relying heavily on port revenues, views Somaliland as a threat to its economic dominance and leverages political capital to destabilize it. However, Somaliland must shift focus from personal relations to strategic interests to counteract Djibouti's aggression.

African Union Sets August 6 as the Deadline for Commision Posts Applications

The African Union has opened the floor for aspirants...

Stay Connected

Don't miss

Saudi Mining Company Kilomass Secures Lithium Exploration Deal in Somaliland

Kilomass, a major Saudi Arabian mining company, has secured...

Somaliland President Muse Bihi Abdi Highlights National Achievements in Annual Address

The President of the Republic of Somaliland, His Excellency,...

Foe Rather than a Friend: Unpacking Djibouti’s Hostility towards Somaliland

Djibouti’s hostility towards Somaliland is driven by economic competition and regional defense strategies, fearing Berbera port's rising prominence. Djibouti, relying heavily on port revenues, views Somaliland as a threat to its economic dominance and leverages political capital to destabilize it. However, Somaliland must shift focus from personal relations to strategic interests to counteract Djibouti's aggression.

African Union Sets August 6 as the Deadline for Commision Posts Applications

The African Union has opened the floor for aspirants...

Financial Turmoil and a New Questionable Venture Cast Shadows over Boodhari Mills’ Future

In our previous coverage, we explored Boodheri Mills, a...

Saudi Mining Company Kilomass Secures Lithium Exploration Deal in Somaliland

Kilomass, a major Saudi Arabian mining company, has secured a license to explore lithium deposits in the Republic of Somaliland, marking a significant development...

Somaliland President Muse Bihi Abdi Highlights National Achievements in Annual Address

The President of the Republic of Somaliland, His Excellency, Muse Bihi Abdi has delivered a comprehensive annual constitutional address today, showcasing the nation's progress...

Foe Rather than a Friend: Unpacking Djibouti’s Hostility towards Somaliland

Djibouti’s hostility towards Somaliland is driven by economic competition and regional defense strategies, fearing Berbera port's rising prominence. Djibouti, relying heavily on port revenues, views Somaliland as a threat to its economic dominance and leverages political capital to destabilize it. However, Somaliland must shift focus from personal relations to strategic interests to counteract Djibouti's aggression.