VOA: Somalia expected to join EAC as negotiations concluded the end of August

[bidenkulaha]

https://www.voasomali.com/a/7228666.html

Interview translated to Somali with the EAC secretary

 

[bidenkulaha]

 

[bidenkulaha]

This is very good news for Somalia. FGS single tariff policy will be needed, something that we haven’t been able to manage yet. EAC will force many reforms on us that will reduce trade barriers within Somalia and EAC more widely.

 

[bidenkulaha]

Somalia set to join EAC this year, says Sec-Gen Mathuki

Negotiations begin on August 22 and officials in Mogadishu as well as Arusha are upbeat.

www.theeastafrican.co.ke

The EAC conducted a verification mission to assess the readiness of to join the bloc and the report was deliberated on. Negotiations for admitting it will begin on the 22nd of this month to the 5th of September

 

[bidenkulaha]

 

[Aurelian]

The process is speeding, Kenya really wants that EAC court case against Somalia.

 

[johnsepei5]

Can someone give us the pros and cons of Somalia joining the Eac

 

[Aurelian]

Can someone give us the pros and cons of Somalia joining the Eac

cons are many, one is that EAC court is the supreme court that adjudicate legal disputes between its member states. Each member state acknowledges the courts decisions as valid. Which means that Kenya can have a case against Somalia in that corrupt court and win. Nullifying ICJ's decision.

 

[johnsepei5]

cons are many, one is that EAC court is the supreme court that adjudicate legal disputes between its member states. Each member state acknowledges the courts decisions as valid. Which means that Kenya can have a case against Somalia in that corrupt court and win. Nullifying ICJ's decision.

Pros?

 

[bidenkulaha]

Pros?

We join the EAC custom union and therefore can easily trade with countries that have a trade deal with this bloc

 

[Sup]

cons are many, one is that EAC court is the supreme court that adjudicate legal disputes between its member states. Each member state acknowledges the courts decisions as valid. Which means that Kenya can have a case against Somalia in that corrupt court and win. Nullifying ICJ's decision.

I’ve come to realise, Somalia joining this block will completely destroy our sovereignty. What’s remaining of it that is. I hope this decision is reversed.

 

[repo]

We join the EAC custom union and therefore can easily trade with countries that have a trade deal with this bloc

What do you have to offer other than being the recipient of cheap goods?

 

[FBIsomalia]

I’ve come to realise, Somalia joining this block will completely destroy our sovereignty. What’s remaining of it that is. I hope this decision is reversed.

Somalia today is not ready to join until South Somalia became stable. HAG enough mocking on Somalia name, first fix your home.

 

[bidenkulaha]

What do you have to offer other than being the recipient of cheap goods?

Having cheap goods is beneficial too. We suffer from high construction costs that holds back our development.

But we have a livestock industry and blue economy that can benefit from this. As well as multiple ports that can bring in goods for landlocked EAC countries.

In future we will become the energy hub for this bloc once we start producing oil. So at the least we’ll have this to offer.

The most important EAC offers is confidence to foreign investors, Somalia’s legal system is non-existent but soon that will be improved with EAC court having supremacy over Somalia. We’ll be forced to copy legislation that protects property, land and private companies. And even if we don’t implement this, companies can go to the EAC

 

[repo]

Having cheap goods is beneficial too. We suffer from high construction costs that holds back our development.

But we have a livestock industry and blue economy that can benefit from this. As well as multiple ports that can bring in goods for landlocked EAC countries.

In future we will become the energy hub for this bloc once we start producing oil. So at the least we’ll have this to offer.

The most important EAC offers is confidence to foreign investors, Somalia’s legal system is non-existent but soon that will be improved with EAC court having supremacy over Somalia. We’ll be forced to copy legislation that protects property, land and private companies. And even if we don’t implement this, companies can go to the EAC

So you want cheap consumer goods before you can even build a manufacturing sector?

 

[bidenkulaha]

So you want cheap consumer goods before you can even build a manufacturing sector?

To produce anything we need low production cost.

We can use state investment to increase our competitiveness eventually. For now however we have high energy, high raw material costs for example, which is holding back our growth.

 

[bidenkulaha]

Somalia’s EAC enjoy

Minister of Planning

 

[bidenkulaha]

Daladda Bariga Afrika: Soomaaliya oo su'aalihii ugu dambeeyay lagu weydiinayo Nayroobi - BBC News Somali

Daladda Bariga Afrika: Soomaaliya oo su'aalihii ugu dambeeyay lagu weydiinayo Nayroobi

www.bbc.com

November expected to be the month when a final decision is made by Heads of States

 

[Nin123]

We join the EAC custom union and therefore can easily trade with countries that have a trade deal with this bloc

Trade them with what exactly?

 

[Sup]

Somalia today is not ready to join until South Somalia became stable. HAG enough mocking on Somalia name, first fix your home.

Yea right’o !