Exclusive: Somaliland Expects Israel Trade Deal, Has Minerals to Offer, Leader Says
Somaliland offers rights to lithium and other minerals to attract Israeli investment and cooperation in agriculture, health, and technology, with no trade started yet, its president said.
- On Feb 3, Somaliland President Abdirahman Mohamed Abdullahi said Somaliland expects to reach a trade agreement soon with Israel and is willing to offer rights to valuable mineral deposits.
- Somaliland, led by Abdullahi, is rich in minerals, oil, gas, marine, agriculture and energy, and he pitched investment internationally at Davos last month while cooperating with the UAE and DP World.
- Despite visits, Abdullahi said he has accepted an invitation from Netanyahu and will visit Israel soon, though there is no trade or investment yet.
- Israel's late-December recognition prompted angry responses from Somalia and criticism from China, Turkey, Egypt and the African Union, while Abdullahi said he expects the UAE and United States to follow.
- While seeking technology access, Abdullahi said Somaliland expects cooperation in agriculture, health, and technology, with military bases not discussed, and highlights vast lithium reserves.
15 Articles
15 Articles
Exclusive: Somaliland expects Israel trade deal, has minerals to offer, leader says
Somaliland expects to reach a trade agreement soon with Israel, the first country to recognise its independence, and is willing to offer rights to valuable mineral deposits as part of a deal, its leader said in an interview with Reuters.
Somaliland Seeks Israel Trade Pact, Offers Access to Key Minerals
Somaliland is close to finalizing a trade agreement with Israel, the first nation to recognize its independence. Somaliland’s leader, President Abdirahman Mohamed Abdullahi, mentioned in an interview that while no economic deal has been finalized, they anticipate signing a partnership agreement soon. He expressed hope for Israeli investment and trade, particularly in sectors rich in […] The post Somaliland Seeks Israel Trade Pact, Offers Access …
Somaliland Looks to Seal Landmark Trade Deal with Israel
Somaliland anticipates a significant trade agreement with Israel, its first diplomatic ally, offering mineral deposit rights. Though no official economic deal exists, both nations look towards collaboration in agriculture, health, and energy. Somaliland President Abdullahi predicts global recognition, while expressing gratitude towards Israel's pioneering move.
Somaliland moves toward Israel trade pact, signals access to lithium and minerals
… northeastern part of Somalia that has claimed … President Abdirahman Mohamed Abdullahi said no bilateral economic deal with Israel … In 2024, the Saudi Mining Company Kilomass … China, Turkey, Egypt, and the African Union.Somaliland also cooperates with the UAE …
After Israel became the first country in the world to officially recognize Somaliland's independence, the first economic agreement appears to be on the way. In a dramatic statement, the president of Somaliland announced what both sides would receive
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