The governments of the Republic of Somaliland and the Federal Government of Ethiopia, have agreed to stabilize the price of qat and vegetables, following a recent increase in prices by Ethiopian farmers.
A delegation led by Ethiopian Minister of Transport and Logistics Dagmawit Moges and National Security Adviser to the Prime Minister of Ethiopia Redwan Hussien, and several security officials on an unannounced visit to the capital Hargeisa on 7th July 2022, Wednesday, reached an agreement with the Somaliland government on the price of qat and vegetables.
The agreement was signed in Hargeisa, the capital of Somaliland, on behalf of Ethiopia by Redwan Hussien, a security adviser to the Ethiopian Prime Minister. The agreement was signed by Somaliland Minister of Foreign Affairs and International Cooperation Dr. Issa Kayd Mohamud.
Minister of Foreign Affairs Dr. Issa Kayd Mohamud who read out the terms of the agreement to the media said were as follows;
Somaliland and Ethiopia recognizes the importance of the long-standing relationship between the two sides.
That today, July 7, 2022, the price of khat and vegetables will be restored as before.
Establish a technical committee to prevent such problems and conduct a study to find solutions to such issues.
The two sides agreed to continue the agreements to finalize trade, cross-border merchandise, and the Berbera port issue based on previous agreements, and to continue the talks there.
Somaliland khat traders said on June 26th threatened that they would stop exporting Ethiopia chat and instead bring from Yemen and Kenya, after Ethiopia increased the price of qat.
The increase in qat prices will stop Ethiopia following a new agreement reached between the two countries today.
Meanwhile, the President of the Republic of Somaliland H.E. Muse Bihi Abdi who received a high-level delegation from the Federal Government of Ethiopia at the Presidential Palace hosted a dinner at the Presidential Palace.