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Taiwan targets Somaliland’s mining sector

Author
02/09/2022
in Business
Reading Time: 3 mins read
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Somaliland’s Foreign Affairs Ministerย Essa Kayd Mohamoud has asked the Republic of China to invest in the breakaway region’s mining sector, noting that it has vast economic potential.

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The Republic of China, better known as Taiwan, another secessionist state of the People’s Democratic Republic of China [China], has been pushing for investments in the northern region of Somalia, which is also fighting for international recognition.

Meeting Taiwan President Tsai Ing-wen, Somaliland Foreign Minister Esse Kayd said they welcomed โ€œgiantโ€ Taiwanese companies to invest and trade with them, noting that the investment will benefit the two states.ย 

โ€œIn the mining sector, Somaliland has huge potential for foreign investment, including hydrocarbon deposits, oil, and gas, as well as coal, which can be easily explored,โ€ he said

Taiwan President Tsai Ing-wen received a high-level delegation from Somaliland on Wednesday, where she hosted them in the presidential palace. Both Somaliland and Taiwan have liaison offices in Taipei and Hargeisa, respectively.

Somaliland’s delegation was led by Minister of Foreign Affairs and International Cooperation Essa Kayd Mohamoud at the invitation of the Taiwanese government. This is one of the many trips he has made to the East Asian island.

Also accompanying him were Minister of Finance Saad Ali Shire, Minister of Planning and National Development Omar Ali Abdilahi, and Minister of Livestock and Fisheries Saeed Sulub Mohamed.

During their visit, the delegation will meet with Taiwan Foreign Minister Joseph Wu, Minister of Economic Affairs Wang Mei-Hua, Council of Agriculture Minister Chen Chi-Chung, Coast Guard Administration Director-General Chou Mei-wu, and Taiwan External Trade Development Council Chairman James Huang, reports indicate…

They will also be paying visits to organizations, including the International Cooperation and Development Fund, CPC Corporation, and CECI Engineering Consultants, Inc., to discuss areas where the two countries can work together.

Somaliland’s Foreign Affairs Ministerย Essa Kayd Mohamoud has asked Taiwan to invest in the breakaway region’s mining sector following his visit, noting its enormous economic potential.

ย Taiwan, a secessionist state in China, has been pushing for investments in the northern region of Somalia, which is also fighting for international recognition.

Meeting Taiwan President Tsai Ing-wen, Somaliland Foreign Minister Esse Kayd said they welcomed โ€œgiantโ€ Taiwanese companies to invest and trade with them, noting that the investment will benefit the two states.ย 

โ€œIn the mining sector, Somaliland has huge potential for foreign investment, including hydrocarbon deposits, oil, and gas, as well as coal, which can be easily explored,โ€ he said

Taiwan President Tsai Ing-wen received a high-level delegation from Somaliland on Wednesday, where she hosted them in the presidential palace. Both Somaliland and Taiwan have liaison offices in Taipei and Hargeisa, respectively.

Somaliland’s delegation was led by Minister of Foreign Affairs and International Cooperation Essa Kayd Mohamoud at the invitation of the Taiwanese government. This is one of the many trips he has made to the East Asian Island.ย 

Also accompanying him were Minister of Finance Saad Ali Shire, Minister of Planning and National Development Omar Ali Abdilahi, and Minister of Livestock and Fisheries Saeed Sulub Mohamed.

During their visit, the delegation will meet with Taiwan Foreign Minister Joseph Wu, Minister of Economic Affairs Wang Mei-Hua, Council of Agriculture Minister Chen Chi-Chung, Coast Guard Administration Director-General Chou Mei-wu, and Taiwan External Trade Development Council Chairman James Huang, reports indicate.

They will also be paying visits to organizations, including the International Cooperation and Development Fund, CPC Corporation, and CECI Engineering Consultants, Inc., to discuss areas where the two countries can work together.

GAROWE ONLINE

Tags: somaliasomaliland

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