Nabad iyo Nolol
We produce nor manufacture nothing, why are giving free access to our markets to foreigners? they will out-compete Somalis in every field with their companies. we need to build our markets and have a solid foundation before going to a free trade block.
What do the Feds expect? that Somalia will magically compete with Eygpt and Sudan? Nations with major companies in every field possible. If Somalia did not change before opening up it will not change after Egyptian cheap goods flood the market.
what are they thinking
Are you expect Somalia to magically compete? we produce and manufacture nothing do you knoww what that even means? so you think we are going to go from zero to hero. Fact, we already have a trade deficit and you think we are going to be from zero industries to importing our needs into building our own. Whats the point of building Somali industries when 100 percent of a market's needs are met with foreign goods
Grow a pair, it's disgusting how you believe we wont or cant compete.
You should believe in the capacity of your people a bit more. The desert crawling and tree climbing tribes of Africa aint got shit on us
Are you expect Somalia to magically compete? we produce and manufacture nothing do you knoww what that even means? so you think we are going to go from zero to hero. Fact, we already have a trade deficit and you think we are going to be from zero industries to importing our needs into building our own. Whats the point of building Somali industries when 100 percent of a market's needs are met with foreign goods
What i see happening is the livestock industry going to be eaten up by Egypt and Sudan, with their cheap and ready-made labour force, national peace and a more funded industry that can do something as simply pack its own meat. How is a Somali farmer whose livestock dies every drought going to compete with foreign companies?
I agree but you have to take into account that they have a head start. Unless we come across an oil goldmine the size of california and start exporting it to countries for lots of money, then i doubt we can catch up in such a short time. It will take us more than 50 yrs to catch up since we don't have oil like dubai or saudi arabia who pumped up their economy from 1940-2000 through oil resource sales.
Grow a pair, it's disgusting how you believe we wont or cant compete.
You should believe in the capacity of your people a bit more. The desert crawling and tree climbing tribes of Africa aint got shit on us
I agree but you have to take into account that they have a head start. Unless we come across an oil goldmine the size of california and start exporting it to countries for lots of money, then i doubt we can catch up in such a short time. It will take us more than 50 yrs to catch up since we don't have oil like dubai or saudi arabia who pumped up their economy from 1940-2000 through oil resource sales.
They got everything on you just check the HDI... They will push their products onto Somalia which will suffer from a trade deficit and economic power will be in their hands. This sets Somalia up for failure because the cheaper foreign goods will outsell the more expensive local ones (the local ones will be more expensive due to less industrialization and mass production than those exporting countries)
Grow a pair, it's disgusting how you believe we wont or cant compete.
You should believe in the capacity of your people a bit more. The desert crawling and tree climbing tribes of Africa aint got shit on us
They got everything on you just check the HDI... They will push their products onto Somalia which will suffer from a trade deficit and economic power will be in their hands. This sets Somalia up for failure because the cheaper foreign goods will outsell the more expensive local ones (the local ones will be more expensive due to less industrialization and mass production than those exporting countries)
We aren't talking about now, we are talking about the future. Since you are the expert explain why it's good for Somalia.You dont know much about local economy in Somalia. African imports are nothing compared to middle east china and western products in Somalia.
This deal is in our interest and people more knowledgable than you and I have worked on it for years.
We aren't talking about now, we are talking about the future. Since you are the expert explain why it's good for Somalia.
True only thing we manfacurte is tuna expect Somali tuna to be everywhereWe produce nor manufacture nothing, why are giving free access to our markets to foreigners? they will out-compete Somalis in every field with their companies. we need to build our markets and have a solid foundation before going to a free trade block.
What do the Feds expect? that Somalia will magically compete with Eygpt and Sudan? Nations with major companies in every field possible. If Somalia did not change before opening up it will not change after Egyptian cheap goods flood the market.
what are they thinking
True only thing we manfacurte is tuna expect Somali tuna to be everywhere
Bro China is getting expensive people are looking for other places to manufactureIt's not about factories it's a common market, it's about resellers and dukamo not warshado. You don't understand free trade very well do you. Manufacturers only exist in China as they create the bulk of goods the world resells, we are all just buyers and sellers now of chinese goods. The tuna factory has nothing to do with it and covers local consumption only, they don't have the equipment for mass production when China does it cheaper. Were talking about reselling it in the market place. It's about buyers and sellers and ending the barriers to competition so each nation competes to lower prices in their country so investors can come and develop it further.
No investor is coming to Somalia sxb as long as cost of living and energy is at $1 dollar
Bro China is getting expensive people are looking for other places to manufacture