Friday, February 2, 2024

Possible Impact of Ethiopia-Somaliland Deal on Djibouti's Economy

 World Politics Review published on 2 February 2024 an analysis titled "The Ethiopia-Somaliland Port Deal Could Sink Djibouti's Economy" by Francisco Serrano.

The port of Djibouti accounts for 95 percent of Ethiopia's trade and 75 percent of Djibouti's GDP is dependent on transport services with Ethiopia.  The deal between Ethiopia and Somaliland, if it materializes, could have a huge negative impact on Djibouti.