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VisitDjibouti Proposes Ethiopia Sea Access, Full Port Management to Ease Tensions
Aug 31, 2024, 11:09 AM
Djibouti's Foreign Minister Mahmoud Ali Youssouf has announced a proposal aimed at resolving the ongoing dispute between Somalia and Ethiopia. The proposal includes granting Ethiopia access to the sea and a hundred percentage port management of a new port, potentially the Port of Tojorah. This move is intended to de-escalate regional tensions and prevent Somaliland from gaining recognition, thereby maintaining Djibouti's monopoly over Ethiopian trade.
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Markets
Yes • 50%
No • 50%
Official announcements from Djibouti or Ethiopia government websites, international news agencies
Yes • 50%
No • 50%
Official statements from Somalia, Ethiopia, or Djibouti governments; international news agencies
No • 50%
Yes • 50%
Official recognition statements from UN, AU, or major countries
Significant increase in Ethiopian trade through Djibouti • 25%
Decrease in Ethiopian trade through Djibouti • 25%
No significant change in Ethiopian trade through Djibouti • 25%
Moderate increase in Ethiopian trade through Djibouti • 25%
Trade reports from international trade organizations, government trade data
Other • 25%
Port of Tojorah • 25%
Port of Djibouti • 25%
Port of Doraleh • 25%
Official announcements from Djibouti or Ethiopia government websites, international news agencies
No decision • 25%
Accepted as is • 25%
Accepted with modifications • 25%
Rejected • 25%
Official announcements from Djibouti or Ethiopia government websites, international news agencies