Kenya and Somalia discuss economic cooperation

Image

MOGADISHU, Somalia - The economic cooperation between Kenya and Somalia is gathering momentum under the leadership of President Hassan Sheikh Mohamud and his counterpart William Ruto, in yet a new phenomenon, never witnessed in the past three years.

On Friday, Kenya played host to the Joint Commission for Cooperation (JCC) between Kenya and Somalia. This significant event underscores a dedication to improving economic and social ties, state media reports.

Present in the meeting were Rigathi Gachagua, Kenya's deputy president, and Somalia Prime Minister Hamsa Abdi Barre. Somalia is a major trade partner of Kenya, which plays a key role in the stabilization of the Horn of Africa nation.

"The establishment of the JCC signifies an advancement in efforts to strengthen the bond between Kenya and Somalia, two nations that have faced challenges and opportunities throughout their histories," state media reports.

"Discussions within the JCC are anticipated to address an array of topics such as trade facilitation, security collaboration, cultural interchange, and joint development initiatives highlighting the aspects of this partnership."

Previously, the two countries have struggled with cooperation, following disagreements ranging from security and the Indian Ocean maritime dispute. They have cut ties several times but the new cooperation seems to have healed the past.

Somalia joining the East African Community (EAC) this year has played a role in bringing about positive changes creating a formal platform for economic and political collaboration.

Experts in economics point out the potential for increased trade and investments between the two nations due to relations. Kenya, known for its infrastructure and strong business environment is expected to gain access to markets and resources in Somalia.

In return Somalia can benefit from Kenya's expertise and regional connections to speed up its efforts in conflict rebuilding and economic growth, state media further reports.

Kenya deployed its forces for the African Union Transition Mission in Somalia (ATMIS), who are largely credited for stability in the Western region of the country. The Kenya Defence Forces brought order and stability to the Jubaland state of Somalia.

GAROWE ONLINE

Related Articles

Somalia: Puntland Bans 1xBET, Unregistered SIM Cards to Curb Gambling, Security Issues

The move against unregistered SIM cards seeks to curb potential criminal activities by eliminating anonymity in communications.

  • Somalia

    24-11-2024

  • 07:12AM

Somalia Airstrike Targets Senior Al-Shabaab Leaders

The U.S. Army-operated MQ-1C crashed in southern Somalia at approximately 12:40 PM local on Nov. 5 according to the statement by the command.

  • Somalia

    23-11-2024

  • 09:01AM