From Learning English, this is the Economics Report.
For years, Somalia has been called a failed state. Piracy, poverty and terrorism have been problems in the country for a long time. But recent improvements suggest that the country is taking steps to a lasting security. Somali officials say a stronger economy is extremely important to peace.
Last week, Somali officials traveled to the United Arab Emirates, hoping to attract foreign investment. The event called the Somalia Investment Summit was held in Dubai. The goal was to present Somalia as a good place to invest.
Somalia is dealing with the effects of a 20-year civil war. Foreign intervention is the main cause of an increased security in the country. Over the past year, African Union troops helped drive al-Shabab militants from major cities. And international naval forces have sharply deceased pirate attacks.
But Ali Mohamed Gedi warns that the results of these efforts could be temporary. Mr Gedi is the former prime minister of Somalias Transitional Federal Government. He says poverty must be ended. He says poverty is the reason young people join al-Shabab.
So if we create jobs for them I believe that theyll play a role in the stabilization and the security of the continent, said Gedi.
The chairman of the Somali Economic Forum - Hassan Dudde agrees. He says the pull of illegal activity, such as piracy is strong when they are no jobs available. He says attracting investment to Somalia now, while security is improving, is very important.
I think what the international organizations and the international community is starting to realize is that bringing troops to Somalia will not be the answer to this problem. When people have jobs and a better life they will be less likely to get in trouble, Dudde said.
Although conditions in Somalia are improving, safety threats remain. Somalia lacks a central government, corruption is common, and the workforce is largely unskilled. These problems concern possible investors. Also there are no secure legal safeguards for foreign investors.
Hirsi Dirir is Chief Executive Officer of the Dahabshil Bank, which operates 130 businesses in the country.
Investors are a bit afraid of going into situations like that, but theres a huge opportunity, noted Hirsi Dirir.
Somali officials are preparing legislation to create investment safeguards. And increased security has led a growing number of foreign investors. Currently, the United Arab Emirates, Oman and Yemen are the top investors in Somalia.
And that is the Economics Report from Learning English. Find more of our programs at . Im Mario Ritter.
英国开始训练狗检测新冠病毒,全靠鼻子
斯科拉里:巴西一只手已经触碰到了冠军奖杯
反对战争,拥护和平
让世界充满爱
国内英语资讯:China extends small businesses tax exemptions by four years
让世界充满爱
和平鸽
你认为最好的职业是什么?
国内英语资讯:Chinas Chongqing donates 150,000 medical masks to Singapore
让世界充满爱
E时代网狗Tommy的自述
巴西世界杯教给我们的十件事
“和平”号
“你手机在震”用英文怎么说?
我很幸福
吸烟不容易得新冠肺炎?这项研究引发了法国的尼古丁禁令
国内英语资讯:Chinese medical experts install CT scanner to help tackle COVID-19 in Iraq
世界何时“铸剑为犁”
一条网虫
国际英语资讯:Yemens southern council captures all key state institutions in Aden
桥
我渴望和平
体坛英语资讯:Leipzig overcome Tottenham 3-0 in UEFA Champions League
国内英语资讯:China eyes network infrastructure update to promote IPv6-based internet TV
国际英语资讯:Massive homecoming blocked as Indonesia ramps up strides to curb virus spread
战争·痛苦
体坛英语资讯:Messi named in Argentina squad for World Cup qualifiers
吸烟不容易得新冠肺炎?这项研究引发了法国的尼古丁禁令
国际英语资讯:Feature: Coronavirus is changing the way Italian winemakers operate
亲切的鼾声
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |