President Isaias Afwerki presided over a cabinet meeting on Friday with
Eritrea’s recent peace accord with Ethiopia topping the agenda.
The extensive discussions of the cabinet of ministers focused on two
main areas. “One, scope and ramifications of the new reality in the
region spurred and epitomized by the historic Eritrea- Ethiopia Peace
Agreement.
“Two, the broad contours of comprehensive / regional strategic
partnership in the offing,” Information Minister Yemane Meskel wrote on
Twitter.
The minister stressed five key planks on which Eritrea entered or agreed
regional partnerships, amongst others: respect for each other’s
sovereignty, working to achieve common interests and rejection of
harmful agendas.
“In this context, the cabinet discussed programmes / projects of
port-rehabilitation / expansion, road infrastructure, energy, industrial
set-ups & associated matters.
“Blueprints of these programmes, including funding aspects, are being
worked out and slated for finalization in 3 months,” the minister added.
Eritrea has taken on a new business atmosphere after the July 2018 peace
deal with its port cities of Assab and Massawa brimming with promise as
government readies to give it a new lease of life.
Ethiopia’s Prime Minister has visited the ports as a historic Ethiopian
vessel docked in Assab. It is expected to transport Eritrean minerals to
China. The Red Sea state is located along a busy shipping route making
it a key trading hub but one that had been dormant for some years now.
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