The government of Ethiopia will grant Somaliland an undisclosed stake in state-owned flag carrier Ethiopian Airlines (ET, Addis Ababa International) as part of a groundbreaking agreement between the two authorities, comprising sea access for Ethiopia and enhanced diplomatic relations.

Redwan Hussein, national-security adviser to Ethiopian Prime Minister Abiy Ahmed, told Bloomberg that negotiations over a formal deal specifying the stake should be concluded within a month.

Abiy and the President of…

Source: ch aviation
Read more: Somaliland trades sea access for stake in Ethiopian Airlines