In another move geared towards completely ending decades of rivalry between Ethiopia and Eritrea, a major Oil pipeline is scheduled to be built traversing the territories of the two countries.
The United Araba Emirates (UAE) announced it has already held negotiations with leaders of both countries and will fund construction of the pipeline.
The pipeline will run from Eritrea’s port city of Assab to Ethiopia’s capital Addis Ababa.
Last week, Reem Al Hashimy,the UAE’s minister of state for international cooperation met with Ethiopia’s Prime Minister Abiy Ahmed and modalities of the agreement were discussed.
The talks were largely on investment in “industries, agriculture, real estate, (the) oil pipeline, (and) resorts”.
UAE played a behind-the-scenes role in helping Ethiopia and Eritrea end a two-decade state of war last month.
The UAE is also driven by a fear that rivals such as Iran or Qatar could gain a foothold. Both Qatar and Turkey are strong supporters of Somalia’s government.