Ethiopia Indicators Deal With Somaliland for Entry to Crimson Sea

Ethiopia signed a memorandum of understanding with Somaliland, a breakaway area of Somalia, to achieve entry to the Crimson Sea in alternate for a stake in its flagship provider Ethiopian Airways.

Detailed negotiations to achieve a proper settlement can be concluded in a month, mentioned Redwan Hussein, nationwide safety adviser to Prime Minister Abiy Ahmed. He didn’t disclose the stake Ethiopia will provide for Africa’s greatest airline.