Summary
The president of Somaliland met with Eric Trump and Israeli President Isaac Herzog at the World Economic Forum in Davos. They discussed investment opportunities in Somaliland, which has recently been recognized by Israel as independent from Somalia. Eric Trump showed interest in potential business ventures in Somaliland, particularly in the livestock and agriculture sectors.
Key Facts
- Somaliland President Abdirahman Mohamed Abdullahi spoke with Eric Trump and Israeli President Isaac Herzog in Davos, Switzerland.
- The discussions aimed at strengthening business ties and international recognition for Somaliland.
- Israel recognized Somaliland's independence from Somalia last month, making it the first country to do so.
- Somaliland is seeking foreign investment, especially in livestock and agriculture, with hopes to export globally.
- The main export of Somaliland is livestock, primarily to Saudi Arabia.
- Eric Trump holds a senior role at the Trump Organization but does not have an official position in the U.S. government.
- Somaliland controls a strategic location along the Red Sea and Gulf of Aden and aims to develop the port of Berbera for trade and energy.
- Israel plans to deepen its diplomatic relations and cooperation with Somaliland following its recognition of independence.
