Somalia parliament rejects DP World Berbera Port deal

By professo

Somalia’s lower house parliament voted on 12 March to reject DP World’s Berbera Port deal, following the footsteps of the federal government.

The deal was set for the Ethiopian government to acquire 19% stake in the port, made between Dubai-based DP World and the Somaliland Port Authority.

However, the deal was rejected as the lower house almost unanimously voted to reject the deal, with 168 out the 170 people voting to nullify all agreements.

“Lower House of Parliament approves a legislation declaring Berbera port deal “null and void”, and calling for the ban of DP World from Somalia,” tweeted Harun Maruf, a Voice of America journalist.

SEE ALSO:

“Somali parliament votes to nullify all agreements reached with UAE’s DP World; legislation affects Berbera and Bosaso port deals. Of the 170 MPs, 168 voted in favour of the legislation, 1 rejected, 1 abstained,” he added.

President Mohammed Abdullahi Farmajo and Prime Minister Ali Hassan Khayre has announced the decision was made based on the deal breaching international standards and violating Somalia’s sovereignty.

The President of Somaliland, however, has argued that due to Somaliland being internationally recognised as a semi-autonomous state, it has the right to approve the deal.

Share

Featured Articles

Middle East GDP hike of 57% if more women join workforce

By tapping into the potential of next-generation female workers, the MENA region could unlock new economic opportunities, up to US$2 trillion, reports PwC

Dialight supplies LED solutions for industrial safety

Reliance on inefficient lighting technologies are not only harmful to the environment, but also increase injury risk and cost

Top 10: Tech, AI, cloud, cyber speakers at TECH LIVE LONDON

TECH LIVE LONDON events sees technology leaders from IBM, Oracle, Vodafone, JP Morgan, Accenture and the US Space Force among the inspirational speakers

Cyber LIVE adds Vodafone head of cyber Kawalec to line-up

Leadership & Strategy

Musk’s multibillion hostile Twitter takeover – the timeline

Leadership & Strategy

Sustainable moves businesses can make to win customers, IBM

Sustainability