Youth Federation says Ethiopia-Somaliland port deal promotes shared dev’t, prosperity in HoA:
Addis Ababa, January 9, 2024 (FBC) – Ethiopian Youth Federation issues a statement regarding the historical MoU signed between Ethiopia and Somaliland on 1 January, 2023.
In the statement issued on Tuesday, the Federation said that the MoU that grants Ethiopia access to sea is a comprehensive agreement fostering collaboration in social, economic, political and military spheres.
The Federation remarked that the agreement has created an opportunity that would make up the disquiet Ethiopians have been experiencing for decades.
According to the Federation, the agreement also brings about an answer to youth’s time-honored quest for sea access.
The Federation further noted that the port deal between Ethiopia and Somaliland would help promote shared development and prosperity in the Horn of Africa region.