Somalia Dismisses Ethiopia-Somaliland Coastline Deal, Says It Compromises Sovereignty

Somaliland President Muse Bihi Abdi and Ethiopia’s Prime Minister Abiy Ahmed attend the signing of the Memorandum of Understanding agreement, that allows Ethiopia to use a Somaliland port, in Addis Ababa, Ethiopia, January 1, 2024. REUTERS/Tiksa Negeri
Somaliland President Muse Bihi Abdi and Ethiopia’s Prime Minister Abiy Ahmed attend the signing of the Memorandum of Understanding agreement, that allows Ethiopia to use a Somaliland port, in Addis Ababa, Ethiopia, January 1, 2024. REUTERS/Tiksa Negeri
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Somalia Dismisses Ethiopia-Somaliland Coastline Deal, Says It Compromises Sovereignty

Somaliland President Muse Bihi Abdi and Ethiopia’s Prime Minister Abiy Ahmed attend the signing of the Memorandum of Understanding agreement, that allows Ethiopia to use a Somaliland port, in Addis Ababa, Ethiopia, January 1, 2024. REUTERS/Tiksa Negeri
Somaliland President Muse Bihi Abdi and Ethiopia’s Prime Minister Abiy Ahmed attend the signing of the Memorandum of Understanding agreement, that allows Ethiopia to use a Somaliland port, in Addis Ababa, Ethiopia, January 1, 2024. REUTERS/Tiksa Negeri

Somalia’s president on Tuesday rejected an agreement signed between Ethiopia and the breakaway region of Somaliland to give landlocked Ethiopia access to its coast, calling it a violation of international law.
“We will not stand idly by and watch our sovereignty being compromised,” President Hassan Sheikh Mohamud told a joint session of Somalia’s federal parliament.
Somaliland, a region strategically located by the Gulf of Aden, broke away from Somalia in 1991 as the country collapsed into warlord-led conflict. The region has maintained its own government despite its lack of international recognition, The Associated Press said.
On Monday, Ethiopian Prime Minister Abiy Ahmed and Somaliland President Muse Bihi Abdi signed a memorandum of understanding to allow Ethiopia to lease a 20-kilometer (12.4-mile) stretch of coastline to establish a marine force base.
Somaliland's president said the agreement also included a clause that Ethiopia would recognize Somaliland as an independent country in the near future.
Somalia's president said Somalia and Ethiopia share a long history and that embracing a peaceful coexistence is the only way to ensure lasting peace in the region.
He also expressed concern that Ethiopia’s presence could give rise to extremism, saying that Ethiopia’s incursion into Somalia in 2006 to fight the Islamic Courts Union led to the rise of the extremist group al-Shabab, which still poses a significant threat.
“We need to be cautious to avoid jeopardizing the significant strides we’ve made towards defeating this group, and this move is creating another opportunity for al-Shabab to recruit,” Mohamud said,
With a population of more than 120 million, Ethiopia is the most populous landlocked country in the world.
The agreement strengthens the security, economic and political partnership between Ethiopia and Somaliland, a statement from the Ethiopian prime minister’s office said.
The agreement “is unlikely to affect regional stability in the short term,” said Matt Bryden, strategic advisor for Sahan Research, a Nairobi-based think tank.
Somalia has no means to impose its will by force on Somaliland, but it is likely to deploy instruments of juridical sovereignty to isolate it, Bryden said. These include restricting the activities of aid agencies and donor governments, restraining international flights and warning foreign commercial interests against doing business with Somaliland, he said.
However, an escalation in political and diplomatic posturing by neighboring countries such as Djibouti and Eritrea is “very likely” in the longer term, Bryden said.



Thiel’s Palantir Dumped by Norwegian Investor over Work for Israel

The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
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Thiel’s Palantir Dumped by Norwegian Investor over Work for Israel

The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)

One of the Nordic region's largest investors has sold its holdings in Palantir Technologies because of concerns that the US data firm's work for Israel might put the asset manager at risk of violating international humanitarian law and human rights.

Storebrand Asset Management disclosed this week that it had "excluded Palantir Technologies Inc. from our investments due (to) its sales of products and services to Israel for use in occupied Palestinian territories."

The investor, which manages about 1 trillion crowns ($91.53 billion) in assets, held around 262 million crowns ($24 million) in Palantir, a spokesperson told Reuters. A representative for Palantir, based in Denver, did not immediately respond to a request for comment.

Storebrand said Palantir had not replied to any of its requests for information, first lodged in April. The data analytics firm, co-founded by billionaire Peter Thiel, provides militaries with artificial-intelligence models. Earlier this year, it agreed to a strategic partnership to supply technology to Israel to assist in the ongoing war in Gaza.

Palantir has previously defended its work for Israel. CEO Alex Karp said he was proud to have worked with the country following the Hamas attacks in October last year and in March told CNBC that Palantir had lost employees and that he expected to lose more over his public support for Israel.

Storebrand's exit follows a recommendation from Norway's government in March warning businesses about engaging in economic or financial activity in the Israeli settlements in the Palestinian territories, the asset manager said in its third-quarter investment review published on Wednesday. The International Court of Justice, the United Nations' highest court, said in July that Israel's occupation of Palestinian territories including the settlements was illegal.

Israel's foreign ministry rejected that opinion as "fundamentally wrong" and one-sided, and repeated its stance that a political settlement in the region can be reached only by negotiations.

Storebrand said its analysis indicated that Palantir provides products and services "including AI-based predictive policing systems" that support Israeli surveillance of Palestinians in the West Bank and Gaza.

Palantir's systems are supposed "to identify individuals who are likely to launch 'lone wolf terrorist' attacks, facilitating their arrests preemptively before the strikes that it is projected they would carry out," Storebrand said.

It added that, according to the United Nations, Israeli authorities have a history of incarcerating Palestinians without charge or trial. A UN Special Rapporteur said in a 2023 report that "the occupied Palestinian territory had been transformed as a whole into a constantly surveilled open-air prison."

Israel rejected the UN's findings. In September Reuters reported that Norway's $1.7 trillion wealth fund may have to divest shares of companies that violate the fund watchdog's tougher interpretation of ethics standards for businesses that aid Israel's operations in the occupied Palestinian territories.