MOGADISHU (Kaab TV) – The Governments of Somalia and Saudi Arabia have reached a multi-sector cooperation agreement, with a strong focus on the development of ports. The agreement was signed by Somalia’s Minister of Ports and Maritime Transport of the Federal Government, Abdulqadir Mohamed Nur, and his Saudi counterpart, Saleh bin Nasser Al-Jasser.
According to a joint press release issued by the two Ministers of Ports from the governments of Mogadishu and Riyadh, Somalia and Saudi Arabia agreed to collaborate on port development, exports, investment, exchange of expertise, and all matters related to this vital economic sector.
The agreement is expected to enhance the efficiency and productivity of Somalia’s ports while creating new business opportunities and opening doors for increased investment, as stated in a release from the Ministry of Ports and Maritime Transport of the Federal Government of Somalia.
Previously, Somalia and Saudi Arabia signed a similar agreement between their Ministries of Defense. That agreement included strengthening military capabilities to address potential threats in maritime areas, including the Indian Ocean and other strategic sea routes.