Mogadishu, Somalia –AQRI.net The Somali-Norwegian Business Summit officially opened in Mogadishu on Monday, with the Minister of Foreign Affairs and International Cooperation of the Federal Government of Somalia, H.E. Ahmed Moallim Fiqi, presiding over the inauguration ceremony. The event, held under the theme “Unlocking Somalia’s Potential: Reducing Corruption, Empowering Investments, and Building Sustainable Partnerships,” brought together key stakeholders, including members of the Somali Federal Parliament, the Chargé d’Affaires of the Norwegian Embassy, H.E. Mr. Carsten Carlsen, and members of the Somali diaspora returning from Norway.
In his opening remarks, Minister Fiqi praised the Somali diaspora in Norway for their role in strengthening bilateral ties and acknowledged their significant contributions to Somalia’s development. He also highlighted Norway’s ongoing support for development projects in Somalia, emphasizing the critical need for knowledge transfer and expertise to drive economic recovery in key sectors such as infrastructure, energy, and trade.
“This summit represents a pivotal moment for Somalia as we work collectively to strengthen our national agenda for recovery and sustainable growth,” Fiqi stated. He called for unified efforts to combat corruption, attract foreign investment, and build lasting partnerships that benefit both nations.
The summit featured key addresses from prominent figures, including Mr. Ibrahim Gure Mohamed, Director of the Diaspora Department at the Ministry of Foreign Affairs, and Mohamed Abdelqader, Chairman of the Somali-Norwegian Chamber of Commerce, alongside his deputy, Sadad Dakhare. Discussions centered on strategies to enhance collaboration, create investment opportunities, and address challenges hindering Somalia’s economic progress.
The event marks a significant milestone in deepening ties between Somalia and Norway, with a focus on fostering sustainable development and empowering the private sector. Participants expressed optimism about the potential for increased trade and investment, which could pave the way for long-term economic stability in Somalia.
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