Somaliland In Economic Collapse

[0117]

@Thegoodshepherd is talking about exploiting local resources to create an economy and you are talking about piggybacking off Ethiopia's population by importing their goods. This difference in mindset is why we can build a port and you can not. Lakala adkaaday.

Are you on about the local economy in piracy and trafficking of weapons for terrorists organisation?

Piggybacking? It's called trade which both Berbera and Mogadishu have been doing for hundreds of years

 

[repo]

Are you on about the local economy in piracy and trafficking of weapons for terrorists organisation?

Piggybacking? It's called trade which both Berbera and Mogadishu have been doing for hundreds of years.

Your entire future hinges on another country because you are incapable of developing your own land on your own. The saddest part of it is, Ethiopia does not even need you.

 

[0117]

Your entire future hinges on another country because you are incapable of developing your own land on your own. The saddest part of it is, Ethiopia does not even need you. Stay salty.

The world we live in is globalised

You could say this with any nation on this earth as foreign trade & investment is key to development

 

[repo]

The world we live in is globalised

You could say this with any nation on this earth as foreign trade & investment is key to development

Give us an example of Somaliland developing critical infrastructure or exploiting local resources on its own. What are some examples of mass job creation? You showcase a port and a road built by UAE as if it is an achievement.

 

[repo]

@0117 your only trade is serving Ethiopia and it can be cut off anytime. You have not developed or thought about local job creation. You have not exploited local resources if you had any. UAE built infrastructure to serve Ethiopia, they didn't build it for you.

 

[Thegoodshepherd]

@Thegoodshepherd is talking about exploiting local resources to create an economy and you are talking about piggybacking off Ethiopia's population by importing their goods. This difference in mindset is why we can build a port and you can not. Lakala adkaaday.

Isaaq were dalaals centuries ago, and they will remain dalaals for decades to come. They have been, and will always be, dependent on being the export hub of Ethiopian Somalis. Living off the production of DDSI and Ethiopia’s lack of a port.

 

[0117]

@0117 your only trade is serving Ethiopia and it can be cut off anytime. You have not developed or thought about local job creation. You have not exploited local resources if you had any. UAE built infrastructure to serve Ethiopia, they didn't build it for you.

You seem to forget Ethiopia exports more than $300M worth of goods to Somaliland annually.So this corridor will even out the significant trade imbalance and never stop

Stop trade with Somaliland will lead trouble for Ethiopian citizens that sell to SL depriving them from a market and also higher costs of importing if they were using Berbera before

As for job creation regarding the investment it's one of the main reasons why Berbera Economic Zone was developed which has already attracted foreign firms to set up shop.

An example would edible oil that will be repackaged in Berbera and sold across the horn to even your tuulos as it'll be more competitive than the current imports.

There are many firms in Somaliland that produce goods for the local economy and even to Puntland so I don't get your point about mass job creation.Could you give me an example from Puntland so I can understand and share the response you need?

Lastly, who benefits from the port and "road" development? Ethiopia or Somaliland?

Below is a diagram which illustrates the multiplier effect of the port investment.This doesn't include the positive impact on government operations by making simplifying customs to make trade easier and setting up the quality controls commission.