AGP Executive Report
Last update: 10 hours agoShipping: A Dutch firm is helping international shipowners apply to sail under Somalia’s flag. The entrepreneur behind the service says Somalia wants to build the registry responsibly and avoid links to sanctions or illegal activity. Fisheries: Somalia produces only about 5% of its estimated annual fishery potential, prompting calls to attract investment and develop the sector. Trade and Investment: Somalia and Indonesia discussed expanding cooperation in trade, investment, livestock, fisheries, agriculture and maritime security. Market Access: Somalia has gained duty-free access to the EU market under a trade scheme, opening a wider route for exports. Currency: Somalia’s Finance Ministry says the national currency will be printed soon, though details have yet to be announced.
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