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UAE, Somalia disagree over new port deal

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According to the deal which was signed last week and whose value was not disclosed, Ethiopia acquired a 19 per cent stake in in the port, while DP World and the republic of Somaliland retained 51 per cent and 30 per cent stakes, respectively, in the project.

Federal Government Somalia has the declared the deal defective, and sought the intervention of the Arab League.

A diplomatic row is looming between Somalia and the United Arab Emirates over last week’s controversial sale of a minority stake in Somaliland’s Port of Berbera to Ethiopia,  by UAE-owned Dubai ports operator DP World.

According to the deal which was signed last week and whose value was not disclosed, Ethiopia acquired a 19 per cent stake in in the port, while DP World and the republic of Somaliland retained 51 per cent and 30 per cent stakes, respectively, in the project.

However, the Federal Government Somalia has the declared the deal defective, and sought the intervention of the Arab League.

In a letter seen by The EastAfrican, Somalia sought the attention of the council of ministers over the deal, which it says was signed by “an official with no authority” and was reversing gains on the unity of Somalia.