Day: June 12, 2017

Why Somaliland is not a recognised state

SOMALILAND, a slim slice of Somali-inhabited territory on the southern shore of the Gulf of Aden, ticks almost all the boxes of statehood. It has its own currency, a reasonably effective bureaucracy and a trained army and police force. The government, located in the capital city of Hargeisa, maintains a respectable degree of control over its territory: the country is, by and large, peaceful, in stark contrast to Somalia to the south—where bombings and a rampage through a popular hotel in the capital killed at least 14 people at the weekend. Somaliland enters into legal contracts (signing, for example, oil-exploration licences with foreign corporations), and it engages in diplomatic operations with the United Nations, the Arab League, the European Union and nations such as Britain, America, and Denmark. But it has yet to receive official recognition from a single foreign government in the years since it declared independence in 1991. To the outside world, it is an autonomous region of Somalia, subject to the Somali Federal Government (SFG) in Mogadishu. Why is it not a state?

READ MORE:   http://www.economist.com/topics/somaliland

 

Ethiopia Eyes Role in DP World-Managed Port in Somaliland

 

Ethiopia is in talks to acquire shares in a joint venture involving DP World Ltd. that will manage a port in northern Somalia, a Somali official said, a move that could give the fast-growing yet landlocked Horn of Africa economy its first stake in foreign docks.

Somaliland, a semi-autonomous territory that aspires to statehood, has agreed “in principle” to give Ethiopia a 19 percent share in the venture administering Berbera port, according to Foreign Minister Saad Ali Shire. Somaliland’s government and Dubai-based DP World, which has a 30-year concession to manage and develop the facility, will be the majority shareholders in Somaliland-registered DPW Berbera, he said in an interview.

READ MORE:  https://www.bloomberg.com/news/articles/2017-06-08/landlocked-ethiopia-eyes-role-in-dp-world-managed-somali-port