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International Business Times
International Business Times
Business
AFP News

Ethiopia, Somaliland Agree Deal On Port Access

Berbera port in Somaliland offers an African base at the entrance to the Red Sea and the gateway to the Suez canal (Credit: AFP)

Ethiopia on Monday struck a "historic" agreement to secure a stake in the main port in Somalia's breakaway region of Somaliland as the landlocked country eyes more access to the sea, officials said.

The deal on Somaliland's Berbera port comes months after Ethiopian Prime Minister Abiy Ahmed said the country should assert its right to access the Red Sea, rousing regional concerns.

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