18 December, 2011

Kulmiye Party members fly to China for trade talks

Kulmiye Party members fly to China for trade talks

HARGEISA — The General Secretary of Somaliland’s ruling Kulmiye party left the country on Friday for the People’s Republic of China where he is scheduled to attend a series of meetings lined up with the ruling Communist Party of China (CPC).

In a statement to the press signed by the party’s chairman, Mr. Hassan Saeed Yusuf, the General Secretary of Kulmiye, Mr. Muse Bihi Abdi was leading a three-member delegation to Beijing.

It added the team left for China at the invitation of Chinese ruling Communist Party and are expected to discuss the establishment of formal relations between Somaliland and the CPC.

The visit is also said to promote mutual understanding and trade ties between the two countries. “The two sides will hold bilateral trade and cooperation between the two parties and friendship between the people’s of the two countries,” the statement said.

The press release concluded by saying the three delegates will meet with leading Chinese corporates and entrepreneurs. They said the expansion of the port of Berbera will be the main topic.

In August, Hargeisa said it was signing a trilateral trade deal with China and neighboring Ethiopia. The announcement came after Hong Kong-based PetroTrans Company Ltd signed a deal with the Ethiopian Government to purchase gas and oil over a 25 year period. The Chinese company said it was investing close to $4 billion in developing oil and gas reserves in blocks 3 and 4, 11 and 15, 12 and 16, and 17 and 20 in the Ogaden region. It added it was building a pipeline to Somaliland’s Red sea port of Berbera for export.

Berbera port sits on a strategic location at the mouth of the Red Sea and at the center of Asia, Africa and the Middle East. Hargeisa is looking for wealthy Chinese investors to help expand the deep-water port.

The current delegation include Mr. Muse Bihi Abdi, the General Secretary of Kulmiye, Mr. Mohamed Kahin Ahmed, Party Spokesman and Mr. Ahmed Abdi Hussein, Central Committee member. They are expected remain in the Asian country for a week-long visit.

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