Somalia: Qatar Offers to Act As Hub for Somali Exports – President

Doha — President of Somalia, H E Hassan Sheikh Mohamud, has disclosed that Qatar has offered to act as a hub for Somali exports as the East African nation embarks on a journey of reconstruction and economic growth after a decade-long crisis because of terrorism and civil war.

During a business breakfast event organized by KON Group as part of his visit to Qatar, Mahmud extolled the depth of ties between Qatar and Somalia while saying his country is open to investment by Qatari businesspeople. He thanked Amir H H Sheikh Tamim bin Hamad Al Thani for his support towards the Somali people.

“Qatar is one of our strategic partners, and we have a lot of engagement with Qatar, including at the level where H H the Amir stands up and says, ‘I will advocate for Somalia.’ This is a rare gift available to the people of Somalia,” Mohamud said.

“Somalia is using the global influence of Qatar to expose Somalia to the rest of the world. Amir is a very focal point for Somalia as he advocates for Somalia in the global arena in the multilateral and bilateral space. Qatar has offered us assistance until Somalia’s infrastructure is rebuilt. Qatar will act as a hub for Somali exports in many areas, which will facilitate and make it easy for Somalia to access global trade,” the Somali leader disclosed.

Mohamud said that both countries have signed significant agreements recently with partnerships focusing on strategic issues like security, investment, diplomacy and economic ties.

Last year, Somali government forces, aided by US air strikes and African Union troops, carried out major offensives against Al Shabab, retaking control of significant areas previously under the group’s control. According to Mohamud, Somalia is open for business. He cited the country’s coastal resource – the most extensive coastline in Africa (Red Sea to Indian Ocean), spreading over 3000km.