Somalia and Türkiye Sign Landmark Defense Cooperation Agreement to Strengthen Bilateral Ties
October 28, 2024
In a major stride towards bolstering bilateral relations and advancing defense collaboration, the Federal Republic of Somalia and the Republic of Türkiye have formalized a new financial cooperation agreement. This significant accord, focusing on defense cooperation, underscores both nations’ commitment to building a strong, mutually beneficial partnership across various sectors.
The agreement was inked by Somalia’s Defense Minister, Abdulkadir Mohamed Nur, and Türkiye’s Defense Minister, Yaşar Güler, during a high-level meeting attended by officials from both governments. This signing reaffirms Türkiye’s commitment to supporting Somalia’s recovery and long-term development efforts.
This latest development is expected to enhance defense capabilities, improve infrastructure, and foster broader cooperation between the two nations, further strengthening diplomatic ties. As Türkiye continues to expand its role in Somalia’s development, this agreement marks a step forward in the growing strategic relationship between the countries.
Source: Turkey and Somalia media outlets.
FM meets Minister of Investment of Saudi Arabia
October 28, 2024
M Ambassador Ahmed Moalim Fiqi met with His Highness Eng. Khalid bin Abdulaziz Al-Falih, Minister of Investment of the Kingdom of Saudi Arabia, to discuss fostering investment opportunities, trade exchange, and the diverse resources that Somalia offers for Saudi investors.
Their discussions highlighted the vast economic potential in Somalia and the mutual benefits of enhanced collaboration between the two nations. We look forward to advancing a productive partnership that will drive growth and prosperity for both countries.
Source: Saudi Arabia and Somalia media outlets.
Somalia and UAE Forge Strategic Partnership to Boost Fisheries Development
October 29, 2024
The Ministry of Fisheries and Blue Economy of the Federal Republic of Somalia has signed a memorandum of understanding (MoU) with Abu Dhabi Ports Group. This partnership aims to jointly invest in and develop the fishing industry and port infrastructure in Somalia.
The agreement outlines a comprehensive plan for effective cooperation in the field of fisheries, including the development of fishing ports, establishment of marine monitoring stations, enhancement of fishing industry infrastructure, and creation of training schools for fishing skills and techniques.
Kapten Mohamed Juma Al Shamisi, General Manager and CEO of Abu Dhabi Ports Group, expressed his enthusiasm for the collaboration, stating, “We want to explore opportunities to support Somalia’s economic development by establishing investment and cooperation plans in ports, maritime services, and the country’s fishing sector. Abu Dhabi Ports Group will work with the Ministry of Fisheries and Blue Economy of Somalia to strengthen the capacity of the country’s maritime and fisheries sector.”
Minister of Fisheries and Blue Economy, Mr. Ahmed Hassan Adam, highlighted the transformative potential of this partnership. “With the cooperation of Abu Dhabi Ports Group, we are preparing a path that will lead to long-term sustainable growth and the strengthening of port infrastructure, as well as supporting the fishing sector in the country. This partnership will not only enhance our capacity but will also contribute to economic development and provide new opportunities for our coastal communities that depend on fish production.”
The Ministry of Fisheries and Blue Economy aims to leverage the extensive experience of Abu Dhabi Ports Group in port management and logistics services to benefit Somalia’s fishing economy. This partnership aligns with Abu Dhabi Ports Corporation’s recent strategic expansions, including lease agreements for ports, maritime services, and logistics sectors in Egypt, the Republic of Congo, Angola, and Tanzania.
The collaborative efforts between Somalia and the UAE signify a shared vision of economic growth and sustainable development, with a focus on empowering local communities and advancing the fishing industry.
Source: UAE and Somalia media outlets.