Good deal on paper, lets see how it develops, strategically Turkey is a key ally and a member of Nato, hopefully, this also cuts shipment of illegal firearms to al kebab as well.Let's clarify the terms of the agreement: "Turkey is committed to safeguarding Somalia's seas as if they were its own." Is the literal text of the agreement. Over the next decade, our nation will boast the most formidable navy in Africa. While this naval strength is strictly defensive, it does signify that any Ethiopian-built base or ship within the designated area will face Turkish counteraction.
It's essential to emphasize that Turkey isn't claiming 30% of our sea resources for the next ten years; instead, they will receive 30% of the revenue generated. This share is deducted from the Federal Government of Somalia's (FGS) portion of sea revenue, ensuring that the revenue stream for the Federal Member States (FMS) remains untouched.
Why is this arrangement not as detrimental as it may seem? Our maritime resources are vastly underutilized—Somalis scarcely consume fish, let alone crustaceans or seaweed. Effectively, we have granted the Turks a stake in our maritime resources. This incentivizes Turkey to invest significantly in Somalia's maritime sector, benefiting the FMS first, followed by the FGS, and finally, the Turks.
For the Turks point-of-view, they want to grow the pie to maximalize revenue. How do they do that? Firstly, give investors and international partners the cold hard agreement that you will patrol the seas and pacifiy any aggresive Ethiopian or terrorist activities in the sea.
For them it's like buying Apple shares back when it was 0.04$ a pop.
A notable aspect of this deal is that Turkey will not only train our navy but also provide proper equipment, transforming it from a coast-guard-tier force into a fully equipped navy. This collaboration holds the potential to elevate our navy to a green-water navy, marking a significant enhancement in our maritime capabilities.