Mereja.Forum

[Revelations]

UAE was/is behind port development business in Somaliland.

The concession allowed Somaliland’s government to retain 30% of the shares in the port, 19% for Ethiopia, and 51% for DP World. But in June 2022, Somaliland announced that Ethiopia had failed to acquire its 19% share of Berbera port. Ethiopia failed to meet the conditions.

https://theconversation.com/waiting-for ... ade-188949

[Revelations]

Ethiopia loses its 19pc stake in Berbera port: Somaliland minister


Saturday June 11 2022
By TESFA-ALEM TEKLE


Ethiopia has lost 19 percent of its stake in the port of Berbera over failure to fulfil conditions required to complete the ownership deal, the government of Somaliland has said.

This effectively reverses the agreement made in 2017 between Ethiopia, Dubai ports giant DP World and the Somaliland Port Authority on the Berbera port.

Somaliland Finance Minister Saad Ali Shire said, “Ethiopia failed to meet the conditions needs to acquire the stakes before the deadline. So it has no stake now, but it needs to note that ownership does not matter.”

According to the Minister, one of the requirements was financial contribution for the construction of the port which Addis Ababa failed to remit.

he two governments partnered with the DP World and the government of the United Arab Emirates to rebuild the port of Berbera, which plays a critical role in the maritime connections between the Horn of Africa and the Middle East.

https://www.theeastafrican.co.ke/tea/re ... ra-3845366

[Revelations]

Ethiopia’s gambit for a port is unsettling a volatile region


Jan 2nd 2024

GEOPOLITICS IN THE Horn of Africa are off already to a combustible start in the new year. On January 1st, Abiy Ahmed, Ethiopia’s prime minister, and Muse Bihi Abdi, his counterpart in the would-be state of Somaliland next door, delivered a surprise announcement. At a joint press conference in Addis Ababa, Ethiopia’s capital, they revealed that landlocked Ethiopia is to lease a naval port and a 20km stretch of Red Sea coastline in the breakaway Somali province. In exchange, Somaliland is to receive shares in Ethiopian Airlines, Africa’s biggest carrier, and—much more significantly—possibly official diplomatic recognition by the Ethiopian government. This would make Ethiopia the first country to formally recognise the former British colony, which declared independence from the rest of Somalia more than three decades ago.

The memorandum of understanding signed by the two leaders has thrown an already volatile part of the world into even greater uncertainty. Authorities in Mogadishu, the capital of Somalia, have reacted furiously to the news that Ethiopia is willing to break with the African Union’s long-standing policy against redrawing the continental map. “Abiy is messing things up in Somalia,” complains an advisor to Hassan Sheikh Mohamud, Somalia’s president. Just three days earlier Mr Mohamud and Mr Abdi had inked an agreement, mediated by the president of neighbouring Djibouti, to resume talks over Somaliland’s disputed constitutional status. That deal is now in tatters. Following an emergency cabinet meeting on January 2nd, Somalia declared the new agreement “null and void” and recalled its ambassador from Addis Ababa.

https://www.economist.com/middle-east-a ... ile-region

[Revelations]

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[OBANG]

[Somaliman]

Leasing a coastal land, which is a real estate asset, against shares of companies that can go burst and bankrupt at anytime like any other company, and a recognition, which Ethiopia is not in a position to grant, shows how seriously this venture is lacking basic intelligence.

Your clown at Menelik Palace has failed Ethiopia and dragged it into war after war that are bleeding out Ethiopia to date and thus he wants to entertain Ethiopians with a venture that has no legality or legal basis whatsoever.

You should put this clown in a circus, a palace is not his place.

When a clown moves into a palace, he doesn't become a king, the palace becomes a circus.

[Revelations]

Students wave a Somali flag during a demonstration in support of the government over the controversial deal between Ethiopia and the breakaway region of Somaliland © ABDISHUKRI HAYBE


thiopia insisted on Wednesday that its controversial deal with the breakaway region of Somaliland broke no laws after Somalia accused its neighbour of a blatant attack on its sovereignty.

The agreement, signed in Addis Ababa on Monday, has raised concerns about the stability of the turbulent Horn of Africa region.

Hundreds of people joined a demonstration in Mogadishu to denounce the pact that gives Ethiopia, one of the biggest landlocked countries in the world, long-sought access to the Red Sea.

[Revelations]

[DefendTheTruth]

Ethiopia’s gambit for a port is unsettling a volatile region


Jan 2nd 2024

GEOPOLITICS IN THE Horn of Africa are off already to a combustible start in the new year. On January 1st, Abiy Ahmed, Ethiopia’s prime minister, and Muse Bihi Abdi, his counterpart in the would-be state of Somaliland next door, delivered a surprise announcement. At a joint press conference in Addis Ababa, Ethiopia’s capital, they revealed that landlocked Ethiopia is to lease a naval port and a 20km stretch of Red Sea coastline in the breakaway Somali province. In exchange, Somaliland is to receive shares in Ethiopian Airlines, Africa’s biggest carrier, and—much more significantly—possibly official diplomatic recognition by the Ethiopian government. This would make Ethiopia the first country to formally recognise the former British colony, which declared independence from the rest of Somalia more than three decades ago.

The memorandum of understanding signed by the two leaders has thrown an already volatile part of the world into even greater uncertainty. Authorities in Mogadishu, the capital of Somalia, have reacted furiously to the news that Ethiopia is willing to break with the African Union’s long-standing policy against redrawing the continental map. “Abiy is messing things up in Somalia,” complains an advisor to Hassan Sheikh Mohamud, Somalia’s president. Just three days earlier Mr Mohamud and Mr Abdi had inked an agreement, mediated by the president of neighbouring Djibouti, to resume talks over Somaliland’s disputed constitutional status. That deal is now in tatters. Following an emergency cabinet meeting on January 2nd, Somalia declared the new agreement “null and void” and recalled its ambassador from Addis Ababa.

https://www.economist.com/middle-east-a ... ile-region

How is a foreign country mediating on the issues of "internal affairs" of a sovereign country, which is complaining about its sovereignty is violated now, Mr. ቆሞ ቀር?

Have you ever heard about a second (not a third according to your gibberish claims) country mediating in the internal affairs of any sovereign country before that?

Somalians must be laughing at you, Mr. ቆሞ ቀር, when they read such a gibberish stuff.

Is there any war going on between the two parties that "inked an agreement" (whatever the agreement may be)?

Was the "inked agreement" about the submission of Somaliland to the "mother-land", finally? If not, then it means the "mother-land" has already signed off the separation of the two, peacefully, in the presence of Djiboutian President, without that much fan-fare

ቆሞ ቀር is always ቆሞ ቀር over the last 70 years!