This Day in Eritrea's History.
On
Jan 29, 1952, the UNGA adopted Res A/RES/530 on "
Economic & financial provisions relating to Eritrea." The Resolution decided that Eritrea shall receive, without payment, the movable & immovable property located in Eritrea owned by the Italian State.
The property the UNGA referred in this Resolution included;
-The public property of the State;
-The inalienable property of the State;
-The property of the Fascist Party and its organizations
-The alienable property of the State;
The property belonging to the autonomous agencies (aziende auto-nome) of the State which are:
-Ferrovie dell'Eritrea
-Azienda Speciale Approvigionamenti
-Azienda Miniere Africa Orientale (AMAO)
-Azienda Autonoma Strade Statali (AASS);
The Res. stated that it did not restrict the right of the Administering Power (Britain) to make, during the period of its administration, such dispositions of property whether limited to that period or otherwise, as may be required by law or may be appropriate for the good government of the territory, or may be necessary for the implementation of the present resolution.
However, the Resolution did not give Britain the power to dispose what the British Military Admin disposed between 1941 and 1952, which is worth around 3 billion pounds in today's value.
The UNGA Resolution required Italy to continue to be liable for the payment of civil & military pensions or other retirement benefits earned, as at the date of coming into force of the Treaty of Peace with Italy and owed by it at that date.
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On
Jan 30, 2004, the UNSG appointed
Llyod Axworthy, frmr Canadian MoF, as its Special Envoy to Eritrea & Ethiopia. Despite being final & binding, he characterized EEBC decision as “
something that has to be worked at” & “
needs to be developed.” Eritrea, rejected his appointment.
(History of Eritrea ታሪኽ ኤርትራ.تاريخ إريتريا: @Erihistory)