Smotrich: Israel Will Remove Barriers to Unlock Full Trade & Investment Potential with Somaliland

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In a landmark diplomatic moment, Israel’s Finance Minister Bezalel Smotrich posted a warm and forward-looking statement on X (formerly Twitter) today, hailing the arrival of the Republic of Somaliland’s President H.E Abdirahman Mohamed Abdullahi for a historic visit.

“Welcome to Israel, President of Somaliland Abdirahman Mohamed Abdilahi!

The historic visit to Jerusalem symbolizes the strong partnership between our two countries, especially at this time.

Alongside the President, I also met with the Governor of the Central Bank and other ministers from the country. The Ministry of Finance, which I head, will work to remove barriers and promote cooperation that will realize the full potential of trade and investments between the two nations.”

The minister’s message underscores a deepening strategic and economic alliance between Israel and Somaliland, a nation in the Horn of Africa seeking international recognition. The visit comes at a sensitive global juncture, highlighting mutual interests in security, economic development, and regional stability.

Israeli officials view the engagement as a significant step toward expanded bilateral ties, with the Finance Ministry under Smotrich committed to dismantling regulatory hurdles and unlocking new avenues for trade, investment, and financial collaboration.

This high-level reception in Jerusalem signals Israel’s growing outreach to strategic partners in Africa and the Red Sea region. Further details on signed agreements and future cooperation are expected in the coming days.