Somalia seeks new Investment opportunities at China Forum

Somalia’s Minister of Commerce and Industry, Gamal Mohamed Hassan, has officially opened the Somalia–China Trade and Industrialisation Forum in Yiwu, China.

The forum brought together nearly 300 participants, including businesspeople, investors and government representatives from Somalia and China.

The meeting aims to strengthen trade relations between the two countries and explore new opportunities for investment and industrial development.

Participants are expected to discuss ways of expanding bilateral trade, encouraging private-sector partnerships and attracting Chinese investment into Somalia.

The forum also provides an opportunity for Somali businesses to connect with Chinese investors and explore potential areas of cooperation.

The initiative is expected to contribute to Somalia’s economic development by promoting industrialisation, expanding business opportunities and strengthening economic ties with China.

Mustaqbal

MM Staff

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