OMAN – In a significant move towards enhancing the development of Somalia’s fisheries sector, the Federal Republic of Somalia and the Sultanate of Oman have recently inked a Memorandum of Understanding (MoU).
This partnership, signed by Mr. Ahmed Hassan Adan, Somalia’s Minister of Fisheries and Blue Economy, and his Omani counterpart, Dr. Saud bin Hamoud Al Habsi, Minister of Agriculture, Fisheries and Water Resources, signifies a promising step forward for both nations.
The agreement, signed on May 23, 2024, in Mogadishu, Somalia, aims to propel the development of Somalia’s fisheries sector. The partnership is a testament to the mutual recognition of the vast potential in Somalia’s fish-rich waters and the opportunities they present for economic growth and sustainable development.
Oman, a nation with a well-developed fisheries sector, is set to provide valuable expertise and support to Somalia. The partnership will focus on capacity building, enhancing the skills of Somali fishermen and improving the infrastructure for the processing and marketing of fish products.
This will not only contribute to the growth of the sector but also create new job opportunities and improve the livelihoods of coastal communities in Somalia.
The collaboration is also expected to bring about improvements in the management of fisheries resources. The partners have agreed to work together on issues such as illegal fishing, overfishing, and the protection of marine ecosystems.
This is in line with the global move towards sustainable fisheries management, which is crucial for the long-term viability of the sector.
Moreover, the partnership is seen as a step towards diversifying Somalia’s economy, which has been largely dependent on livestock and agriculture.
The development of the fisheries sector can provide a much-needed boost to the economy, making it more resilient to shocks and contributing to food security.
The signing of this MoU is a clear indication of the commitment of both countries to fostering cooperation and mutual development.
It is a beacon of hope for Somalia, signaling the potential for economic growth and prosperity through strategic partnerships and sustainable development.
As we look to the future, it is hoped that this partnership will not only benefit the fisheries sector but also serve as a model for cooperation in other areas of mutual interest between Somalia and Oman.