Somalia’s Political Leaders Reach Deal On Natural Resources Sharing

The leaders of the Federal member states and the central government have concluded their 4-day conference in Mogadishu on Sunday and finally released a joint communique.

According to the released statement, the leaders inked an agreement on sharing of the revenue from the foreign fishing companies in Somalia’s territorial waters.

The new pact allows the country’s regional administrations to govern fishing licenses within 24 nautical miles while the Fed government manages beyond the nautical miles.

On the other hand, the leaders discussed on the national security, the upcoming one person, one vote elections in 2020 and the integration and training of the troops.

The 4-day meeting was held at Villa Somalia, the state house in the capital and attended by Somali President Mohamed Abdullahi Farmajo, PM Hassan Ali Khaire, and regional leaders.

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