Somalia, Ethiopia agree to invest in 4 seaports

Ethiopian PM, Abiy Ahmed welcomed with red-carpet by Somali President Mohamed Farmajo in Mogadishu/Photo/Villa Somalia.

MOGADISHU – Somalia and Ethiopia have agreed on Saturday joint investment in four key ports on the Red Sea, after Prime Minister, Abiy Ahmed visited in Mogadishu.

The new agreement was announced as Somali President Mohamed Abdullahi Farmajo held talks PM Abiy at his office in Somali capital, according to a joint statement.

Ethiopian PM, Abiy Ahmed welcomed with red-carpet by Somali President Mohamed Farmajo in Mogadishu/Photo/Villa Somalia.

The two leaders also expressed their mutual respect for the sovereignty, territorial integrity, political independence and unity of both nations, the statement reads.

It remains unknown which ports the two countries would develop.

Keep reading the joint statement issued by Somali and Ethiopian leaders in Mogadishu.

With Reporting by Abdirisak Mohamud Tuuryare from Mogadishu, Somalia

 

Abdi Aziz Hassan Ibrahim is , a somali veteran journalist based in the Somali capital, Mogadishu. Twitter @mareegonline Email: news@mareeg.com