The Chairman participated in the high-level ministerial meeting between the Ministers of Transport from Djibouti, South Sudan, Ethiopia, and Uganda.

The meeting focused on discussions regarding the establishment of a Djibouti Corridor Management Authority, aimed at enhancing regional connectivity and trade facilitation through land and waterways corridors.

Yesterday at Red Sea World, the Chairman received, H.E. Hon. Simon Mijok Mijak, Minister of Roads and Bridges of South Sudan and H.E Hassan Houmed Ibrahim, Minister of Transport and Equipment of Djibouti.

The meeting forms part of the preparations for the upcoming ministerial session on the Corridor Management Authority, a regional initiative involving Djibouti, Ethiopia, South Sudan, and Uganda.

At Red Sea World, the Chairman of Djibouti Ports and Free Zones Authority, received a delegation from the Somali Regional State of Ethiopia.

The delegation was led by Hon. Abdihakim Sheikh Hassen Ali, Head of the Office of Trade and Transport of the Somali Regional State.

The delegation also included the following officials:

•⁠  ⁠Ahmed Reshid Abdile, Head of the Investment and Industry Bureau

•⁠  ⁠Shafi Ahmed Mealin, Mayor of Jigjiga

•⁠  ⁠Ahmed Welli Hassan, President of the Chamber of Commerce.

The Chairman met at Red Sea World, a Japanese delegation led by H.E. Hara Keiichi, Ambassador of Japan to Djibouti. 

The delegation included representatives from companies such as MITSUBISHI ETHIOPIA TRADING PLC, MITSUI & CO., ITOCHU CORPORATION, and JT INTERNATIONAL.

Discussions focused on positioning Japanese SMEs within the DIFTZ and leveraging the Cost Insurance Freight (CIF) concept, which simplifies trade logistics by covering insurance and freight in delivery costs, reducing risks for international investors.

DPFZA Chairman received at Red Sea World, a high-level Saudi delegation led by the Under-Secretary of Economy and Planning for International Economic Affairs of the Kingdom of Saudi Arabia, H.E Mr. Albara Al-Askandarani Bassim.

Discussions centered on key initiatives, including:
•⁠  ⁠The  establishment of KSA business manufacturing companies in the Djibouti International Free Trade Zone (DIFTZ), which will benefit from the pre-positioning of Saudi products within the free zone and redistributed within the region and beyond on CIF basis.