MOGADISHU, Somalia (Horseed Media) — The Federal Government of Somalia has concluded a three-day workshop in…
MOGADISHU, Somalia (Horseed Media) — The Federal Government of Somalia has concluded a three-day workshop in Mogadishu aimed at developing a national strategy for regional integration and trade corridors.
The workshop, held from August 11 to 13, focused on strengthening Somalia’s economic, trade and infrastructure links with the Horn of Africa, East Africa and the wider continent. Discussions covered trade corridors, ports, roads, border crossings and measures to improve the movement of goods and investment.
Deputy Prime Minister Salah Ahmed Jama officially opened the workshop, saying Somalia’s strategic location and extensive coastline give the country an opportunity to serve as a commercial bridge between Africa and global markets.
“Africa today is one of the world’s largest markets, and Somalia has an opportunity to become a bridge connecting the continent with the rest of the world,” Jama said.
Participants included officials from the Office of the Prime Minister, Finance Minister Bihi Iman Egeh, Commerce and Industry Minister Jamaal Mohamed Hassan, officials from the ministries of Public Works, Finance and Internal Security, members of the East African Legislative Assembly, SHIIP Project representatives, technical experts and members of the media.
The participants examined ways to improve connections between Somalia’s ports and regional road networks, streamline customs and border procedures, reduce trade barriers and expand market access for Somali businesses.
The strategy is particularly significant as Somalia works to deepen its integration into the East African Community and take advantage of opportunities offered by the African Continental Free Trade Area.
If implemented, the strategy could lower transport and trading costs, attract investment and provide Somali businesses with greater access to regional and continental markets. Its success, however, will depend on investment in infrastructure, road security, institutional coordination and efficient customs systems.
The government has not yet announced an implementation timetable, estimated budget or measurable targets for the strategy.
HORSEED MEDIA
