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How much will trade between Somalia and Ethiopia increase due to the Ankara Declaration by end of 2025?
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Turkey•Somalia•Ethiopia•Ankara Declaration•Ankara•Turkish•Tayyip Erdogan•Ethiopian•Abiy Ahmed•Somali•Hassan Sheikh Mohamud•EU•African Union•Horn of Africa
Resolution / Starting Odds
Increase by more than 50% • 25%
Increase by 25-50% • 25%
Increase by less than 25% • 25%
No significant change • 25%
Trade reports from the governments of Somalia and Ethiopia; international trade statistics
Story
Turkey Brokers Historic Peace Deal Between Somalia and Ethiopia, EU and African Union Support
Dec 12, 2024, 01:15 PM
Turkey has successfully mediated a historic agreement between Somalia and Ethiopia, known as the Ankara Declaration, to resolve longstanding tensions. The agreement, announced after a meeting in Ankara with Turkish President Recep Tayyip Erdogan, Ethiopian Prime Minister Abiy Ahmed, and Somali President Hassan Sheikh Mohamud, focuses on peace and cooperation. It addresses Ethiopia's push for sea access as a landlocked country and reaffirms the commitment to each other's sovereignty, unity, and independence. The pact has been widely praised by regional media and international organizations, including the EU and the African Union, for its potential to enhance regional stability, security, and economic collaboration in the Horn of Africa. The EU has welcomed the agreement, acknowledging Turkey's significant role in facilitating the resolution, while the African Union has urged swift implementation of the steps outlined in the declaration.
View original story
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Yes • 50%
No • 50%
Agriculture • 25%
Trade • 25%
Tourism • 25%
Infrastructure • 25%
Moderate economic growth • 25%
Significant economic growth • 25%
Economic decline • 25%
No significant change • 25%
Enhanced infrastructure development • 25%
Other benefits • 25%
Increased trade volume • 25%
Improved regional stability • 25%
Enhanced regional stability • 25%
Improved diplomatic relations • 25%
Increased trade • 25%
Other • 25%
No • 50%
Yes • 50%
Transportation • 25%
Energy • 25%
Infrastructure • 25%
Trade • 25%
Military cooperation established • 25%
Economic cooperation established • 25%
Formal peace agreement signed • 25%
No significant progress • 25%
Increased trade volume • 25%
Other • 25%
Improved diplomatic relations • 25%
Reduced shipping costs • 25%
No • 50%
Yes • 50%
No involvement • 25%
Highly involved • 25%
Moderately involved • 25%
Minimally involved • 25%