Pontus Marine LTD- Leader of fishing industry in Somaliland

Tuesday, September 11, 2012

US urged to recognize Somaliland

(Medeshi)-The U.S. could send a strong diplomatic message about the premium it puts on stability and self-sufficiency by recognizing the breakaway region of Somaliland as an independent state.
The former British protectorate of 3.5 million people in the northeast corner of Somalia has been autonomous and relatively stable since 1991, surviving on remittances from its diaspora and fees from handling export shipments for landlocked Ethiopia. The benefit of recognition is that Somaliland would be able to negotiate trade deals with foreign states. The downside is that it would be eligible for its own foreign aid. As we’ve seen in Somalia proper, that can do a lot more harm than good.
Read full article: Help Somalia’s New President: Cut Off Aid