Hargeisa, Somaliland –The Ministry of Trade and Tourism of the Republic of Somaliland convened its weekly meeting today at the ministry headquarters. Chaired by the Minister of Trade and Tourism, Honorable Abdirahman Hassan Nur (Saylici), the session included the Director General, Mr. Mahmoud Hussein Adam (Jabaake), and directors from all departmental units.
Key agenda items and outcomes included:
1. Ministerial Visit to Ethiopia:
Minister Abdirahman Hassan Nur provided a comprehensive report on his recent official visit to Ethiopia. He detailed substantive meetings with Ethiopia’s Minister of Trade and Regional Integration, Hon. Dr. Kassahun Gofe, and officials from the Ethiopian Quality Standards Agency. Discussions centered on:
* Strengthening bilateral trade cooperation
* Streamlining cross-border commerce
* Developing a shared market
* Jointly addressing trade challenges
The Minister noted Ethiopia’s specific interest in accelerating utilization of the Port of Berbera, recognizing its critical role in regional trade expansion.
2. Exchange Rate and Inflation Management:
Participants emphasized the urgent need for a unified national strategy to stabilize the exchange rate and curb inflation. Deliberations focused on developing a clear policy framework for inflation control and ensuring trader compliance with official exchange rates to safeguard domestic market stability.
3. Berbera Oil Terminal Assessment:
The Director of the Ports Liaison Office reported on an inspection of the Berbera Oil Storage Terminal, conducted alongside a high-level delegation from Trafigura. The inspection evaluated the terminal’s condition and the Berbera storage facility to verify adherence to quality standards.
4. Tourist Site Renovation Progress:
The Director of Tourism presented findings from a recent inspection of several historical sites undergoing ministry-led restoration. The review assessed progress on reconstruction and development efforts aimed at enhancing these destinations’ overall quality and appeal to boost Somaliland’s tourism sector.
Closing Remarks:
Minister Abdirahman Hassan Nur concluded by commending all directors for their dedication and significant contributions. He urged continued collaboration and accelerated efforts to advance the ministry’s strategic objectives