Ahmad Murrar and Parker White discuss the Ethiopia-Eritrea conflict, highlighting unresolved U.S. sanctions and their impact on foreign investment in sectors such as telecommunications and aviation. They note that despite sanctions remaining in effect due to the partial implementation of the peace deal, there is an indication of renewed investment interest in newly liberalized sectors.
In a recent publication by WorldECR, associates Ahmad Murrar and Parker White from Foley & Lardner LLP examine the ongoing conflict between the Ethiopian government and the Tigray People’s Liberation Front, highlighting the stalled implementation of a peace agreement established in November 2022. They address the existing U.S. sanctions imposed in response to the unrest and explore how the current situation affects foreign investment opportunities, particularly in the telecommunications and aviation sectors.
Murrar and White emphasize that despite the peace agreement’s incomplete implementation, certain U.S. sanctions on Ethiopia and Eritrea continue to be enforced. Notably, they observe that foreign investment has commenced in sectors that have recently opened up, reflecting cautious optimism for economic engagement amid the political turmoil.
The article sheds light on the complex geopolitical landscape of Ethiopia and Eritrea, focusing on the ramifications of the Tigray conflict and sluggish progress towards peace. The situation remains precarious, particularly due to U.S. sanctions which aim to address the humanitarian crises resulting from the conflict. Additionally, the authors investigate how emerging opportunities for investment in telecommunications and aviation could reshape regional dynamics if stabilized.
In summary, Ahmad Murrar and Parker White’s insights illustrate the intricate relationship between ongoing sanctions, the conflict’s resolution, and the potential for foreign investment in Ethiopia and Eritrea. While the peace deal has not been fully actualized, there are signs of renewed interest in liberalized economic sectors, suggesting a challenging but possible path towards rebuilding and investment.
Original Source: www.foley.com
