European Union (EU) Delegation Celebrated Europe Day 2025 in Somalia
This year's Guest of Honour was the Prime Minister of the Federal Government of Somalia, Hamza Abdi Barre, who delivered a keynote speech. The EU Ambassador, Karin Johansson, addressed the audience, highlighting the EU's future-focused partnership with Somalia. Distributed by APO Group on behalf of Delegation of the European Union to Somalia.
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an 'as is' and 'as available' basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Post
27 minutes ago
- Arabian Post
US-EU Trade Deal to Reshape Energy and Investment Landscape
A transformative trade agreement between the United States and the European Union is poised to redefine their economic relations. US President Donald Trump announced the deal, which is set to have far-reaching implications on both sides of the Atlantic. The agreement includes the unprecedented opening of trade at zero tariffs, along with a significant commitment from the EU to purchase $750 billion worth of energy over the next decade. Moreover, the EU has pledged to invest an additional $600 billion in various sectors, significantly surpassing previous investment targets. The deal was hailed by the Trump administration as a major victory for the US economy, promising to bolster energy exports and enhance investment flows. While the specifics of the energy sectors involved remain under discussion, the agreement signals a substantial shift in the global energy market. The US, a major producer of natural gas and oil, is expected to benefit from increased exports, particularly in liquefied natural gas and other energy resources. At the heart of the deal is the mutual understanding that both parties will benefit from zero tariffs on industrial goods, which has been a longstanding issue in US-EU trade talks. The tariff reduction is expected to boost economic growth on both sides, especially for sectors such as automotive, technology, and agriculture. For the EU, the opening of the US market is seen as a crucial opportunity to tap into the world's largest economy without facing the heavy tariffs that have traditionally limited market access. ADVERTISEMENT Investment plays a pivotal role in the agreement, with the EU's commitment to direct $600 billion more than previously agreed upon into US infrastructure, technology, and innovation. This will likely lead to a surge in American jobs, particularly in industries poised for growth. It also presents a major opportunity for EU businesses to secure a foothold in the burgeoning US tech sector, which has long been a hotspot for investment. The announcement of the deal was accompanied by optimistic rhetoric from both US and EU officials, who described the agreement as an example of transatlantic cooperation that will not only benefit both economies but also foster stronger geopolitical ties. Experts believe the trade deal could serve as a model for future trade relations, potentially influencing global trade dynamics and setting a precedent for other international agreements. However, the deal has faced criticism from some quarters. Critics argue that the focus on energy purchases and large-scale investments could overshadow critical issues like labour rights, environmental protections, and fair competition. Some environmental groups have voiced concerns about the potential long-term environmental impact of increased energy trade, particularly if it leads to more fossil fuel reliance. These concerns underscore the ongoing debates about the balance between economic growth and sustainability, a tension that continues to shape global trade discussions.
Zawya
an hour ago
- Zawya
African Union Appoints Ambassador Mouktar Osman Karie as the New Deputy Head of the African Union Support and Stabilization Mission in Somalia (AUSSOM)
Ambassador Mouktar Osman Karie has assumed duty as the newly appointed Deputy Special Representative of the Chairperson of the African Union Commisson (DSRCC) for Somalia and Deputy Head of the African Union Support and Stabilization Mission in Somalia (AUSSOM), reinforcing the AU's leadership presence in Somalia. On arrival in Mogadishu, Ambassador Karie was received at the Aden Abdulle International Airport by senior Federal Government of Somalia officials including the Deputy Minister for Foreign Affairs and International Cooperation, Ishaq Mahmoud Mursal, State Minister for Defence, Omar Ali Abdi and the State Minister for Internal Security, Mohamed Ali Hagaa as well as senior AUSSOM officials. Ambassador Karie brings extensive diplomatic and political experience in peace and security across Africa. He most recently served as Regional Desk Coordinator for West Africa at the African Union Commission, where he provided high-level strategic engagement with member states and regional organizations, and contributed to the AU's response to political transitions and governance challenges in the region. Previously, he held senior roles within the AU's Peace and Security Department, where he contributed to the design and coordination of the African Union's regional security cooperation frameworks in the Sahel and Horn of Africa. His efforts included supporting the establishment of the Djibouti and Nouakchott Processes and the operationalization of the East Africa Fusion and Liaison Unit (EAFLU), mechanisms that foster regional collaboration among national security institutions. Ambassador Karie also supported AU diplomatic engagements in Libya and the Sahel, contributed to the Union's early warning and preventive diplomacy architecture, and represented AU leadership in several high-level international forums. He is fluent in French, Arabic, and English, and brings with him a wealth of experience that strengthens the African Union's commitment to advancing peace, stability, and state-building efforts in Somalia. Distributed by APO Group on behalf of African Union Support and Stabilization Mission in Somalia (AUSSOM).
Al Etihad
3 hours ago
- Al Etihad
European Union resigned to 15 percent US tariff
28 July 2025 09:36 TURNBERRY (AFP)The United States and the European Union clinched a trade agreement on Sunday that will see EU exports taxed at 15 President Donald Trump emerged from a high-stakes meeting with European Commission President Ursula von der Leyen at his golf resort in Scotland, describing the deal as the "biggest-ever".The deal, which the leaders reached after an hour of talks, came as the clock ticked down on an August 1 deadline to avoid an across-the-board US levy of 30 percent on European goods."We've reached a deal. It's a good deal for everybody. This is probably the biggest deal ever reached in any capacity," said said a baseline tariff of 15 percent would apply across the board, including for Europe's crucial automobile sector, pharmaceuticals and part of the deal, Trump said the 27-nation EU bloc had agreed to purchase "$750 billion worth of energy" from the US, as well as make $600 billion in additional der Leyen said the "significant" purchases of US liquefied natural gas, oil and nuclear fuels would come over three years, as part of the bloc's bid to diversify away from Russian on behalf of the EU's 27 countries, von der Leyen had been pushing hard to salvage a trading relationship worth an annual $1.9 trillion in goods and services."It's a good deal," the EU chief told reporters."It will bring stability. It will bring predictability. That's very important for our businesses on both sides of the Atlantic," she added that bilateral tariff exemptions had been agreed on a number of "strategic products", notably aircraft, certain chemicals, some agricultural products and critical raw der Leyen said the EU still hoped to secure further so-called "zero-for-zero" agreements, which she hoped to be "sorted out" in the coming also said EU countries -- which recently pledged to ramp up their defence spending within NATO -- would be purchasing "hundreds of billions of dollars worth of military equipment."The EU is currently subject to a 25-percent levy on cars, 50 percent on steel and aluminium, and an across-the-board tariff of 10 new deal will need to be approved by EU member states -- whose ambassadors, on a visit to Greenland, were updated by the commission Sunday morning. They were set to meet again after the deal struck in Chancellor Friedrich Merz rapidly hailed the deal, saying it avoided "needless escalation in transatlantic trade relations".Ireland, one of the EU's top exporters to the US, said Sunday it welcomed the deal for bringing "a measure of much-needed certainty", but that it "regrets" the baseline tariff, in a statement by its Department of Foreign Affairs and minister for Europe, Benjamin Haddad, wrote on X on Monday that the agreement would provide "temporary stability... but it is unbalanced". While 15 percent is much higher than pre-existing US tariffs on European goods, which average around 4.8 percent, it mirrors the status quo, with companies currently facing an additional flat rate of 10 percent.
