Somaliland Seeks Israeli Investment in Natural Resources
Translated & summarized from Maariv by baba
Somaliland's ambassador to Israel, Haji, announced his country's desire to attract Israeli investment in its abundant natural resources, including gold, copper, and oil. He stated that Somaliland, eleven times larger than Israel, offers significant economic potential and is actively developing strategic ties with Israel, particularly in security and resource management. The ambassador is working with Israeli ministries to facilitate these investments, emphasizing the importance of regional stability.
The story in 6 lines · by baba
- Somaliland seeks Israeli investment in its vast natural resources, including gold, copper, and oil.
- Somaliland is eleven times the size of Israel with a population of 6.5 million.
- Strategic and diplomatic relations between Israel and Somaliland have rapidly developed.
- Security cooperation between the two nations is described as highly sensitive and classified.
- Somaliland aims to build a regional security framework involving the US, UAE, and Ethiopia.
- The ambassador is promoting Israeli investment in minerals, energy, water, and agriculture.
Somaliland's ambassador to Israel, Haji, revealed that his country is seeking Israeli investment in its vast natural resources, including gold, copper, rare minerals, oil, and gas. He stated that Somaliland, which is eleven times the size of Israel but has a population of only 6.5 million, offers significant economic opportunities for Israeli companies, emphasizing a "first come, first served" approach.
Haji highlighted the rapid development of strategic and diplomatic relations between Israel and Somaliland since the opening of Somaliland's embassy in Jerusalem two months prior. He expressed admiration for the Israeli people, describing them as friendly and welcoming.
Regarding security cooperation, Haji acknowledged its sensitive and classified nature, particularly in light of regional instability, the war in Yemen, and threats from groups like the Houthis, Al-Shabaab, Al-Qaeda, and ISIS. He indicated that Somaliland aims to build a broader regional framework involving the United States, the UAE, and Ethiopia to stabilize the region and prevent security deterioration in the Gulf of Aden and Bab al-Mandab strait.
The ambassador is actively engaging with Israeli government ministries, including the Foreign Affairs, Finance, and Energy ministries, to promote Israeli investments in minerals, energy, water, and agriculture. He noted that Somaliland also views Israel as a significant partner in agriculture and water management due to Israel's advanced technology and experience in these fields.