Officials of Somaliland’s Foreign Ministry Affairs have welcomed senior official responsible for Africa economic trade for Russia.
The senior Russian delegation was greeted at Egal airport by SL representative to Djibouti, Abdifatah Saed.
The delegation which is of a fact finding mission will explore invesment chances and ways to forge closer relations with Somaliland.
The delegation will travel to number of locations where they will examine investment-related opportunities in a bid to strengthen bilateral economic and commercial relations in the region.
According to sources the Russians want to renew their relations with the nations of the Horn of Africa under new foreign policy dubbed ‘Horn of Africa initiative’, similar to that one of the days of the Soviet Union. They added that Somaliland was the first of a number of countries the Russians want to develop ties with.
They will meets with President Musa Bihi Abdi of Somaliland.
Berbera’s 12-metre deep-water facility was constructed in 1964 by Russian engineers at a cost of $5.6 million. They have also constructed the longest run way in the region in the 70s.
The reports added that the Russians want to invest in oil exploration and other infrastructures.