SomaliNet Forums

DJIBOUTI, Feb 22 (Reuters) - Djibouti has ended a contract with Dubai’s DP World, one of the world’s biggest port operators, to run its Doraleh Container Terminal, the president’s office said on Thursday.

“The Republic of Djibouti has decided to proceed with the unilateral termination with immediate effect of the concession contract awarded to DP World,” the office of President Ismail Omar Guelleh said in a statement.

A DP World spokesman declined to comment.

Last February, the London Court of International Arbitration cleared DP World of all charges of misconduct over a concession to operate the terminal, Dubai’s government said at the time.

In 2014, the government of Djibouti lodged claims accusing DP World, majority-owned by the Dubai government, of illegal payments to secure a 50-year concession for the Doraleh Container Terminal, the Dubai government said.

The president’s office said the contract was ended after the failure to resolve a long-running dispute between the two parties that started in 2012.

It gave no other details on the nature of the dispute, but said it took the decision to protect its “national sovereignty and economic independence.”

“It should be noted that the Doraleh Container Terminal (DCT) will now be under the authority of the Doraleh Container Terminal Management Company which is fully owned by the government,” the statement said.

https://www.reuters.com/article/djibout ... SL8N1QC6D5

xiimaaya wrote: Thu Feb 22, 2018 2:27 pm The difference between a country and mamul gobleed is jabuti can terminate and works for its ppl interest lkn isaqistan will bend over for cheap .

Khalid Ali wrote: Thu Feb 22, 2018 2:37 pm

xiimaaya wrote: Thu Feb 22, 2018 2:27 pm The difference between a country and mamul gobleed is jabuti can terminate and works for its ppl interest lkn isaqistan will bend over for cheap .

Jabuuti is ours and Somaliland is also ours.but w asakhgalis are our property we own wasakhgali they are our dogs. You are an ethnic minority. Majority rules minority right you are a wasakhgali fish face Indian bastard like ali shire

Jabuutawi wrote: Thu Feb 22, 2018 2:07 pm It all belongs to us now

Eff off UAE. Long live Sino-Djibouti relationship.

Jabuutawi wrote: Thu Feb 22, 2018 5:16 pm ^

I could post countless videos of your poverty but after a while it does get old.

Thankfully people in Djibouti haven't resorted to eating game animals like they do in Somaliland .

AbdiCushite wrote: Thu Feb 22, 2018 5:33 pm Djibouti has been trying for years to get control of the port back through the court systems , but they lost Feb 2017 and now they do this because legally djibouti signed a contract with UAE . They knew the stipulations before they signed , and now that they have forcefully took control of the port because the courts wouldn't get them out of the horrible 50 year deal they signed with UAE

"A London-based arbitration panel has found in favour of DP World in a long-running dispute with the government of Djibouti, over a port concession awarded to the company in 2014, the Dubai Government said on Tuesday.

The arbitration claim was initiated by Djibouti in 2014, claiming that DP World had made illegal payments to Abdourahman Boreh, the head of the country’s port and free zone authority, to secure a commission to operate the country’s Doraleh Container Terminal."

Djibouti already lost to UAE in court 1 year ago. Djibouti got shafted in the deal where UAE took control for 50 years , but nobody made djibouti sign it. In the end , this will blow up in Djibouti face as djibouti is 10000% reliant on the international community , and the numerous countries that have military bases in Djibouti because everyone now knows Djibouti is bad for business.

Tell me who's going to sign any contracts with djibouti from now on, now that everybody realizes Djibouti operates like this.

zumaale wrote: Thu Feb 22, 2018 6:25 pm

AbdiCushite wrote: Thu Feb 22, 2018 5:33 pm Djibouti has been trying for years to get control of the port back through the court systems , but they lost Feb 2017 and now they do this because legally djibouti signed a contract with UAE . They knew the stipulations before they signed , and now that they have forcefully took control of the port because the courts wouldn't get them out of the horrible 50 year deal they signed with UAE

"A London-based arbitration panel has found in favour of DP World in a long-running dispute with the government of Djibouti, over a port concession awarded to the company in 2014, the Dubai Government said on Tuesday.

The arbitration claim was initiated by Djibouti in 2014, claiming that DP World had made illegal payments to Abdourahman Boreh, the head of the country’s port and free zone authority, to secure a commission to operate the country’s Doraleh Container Terminal."

Djibouti already lost to UAE in court 1 year ago. Djibouti got shafted in the deal where UAE took control for 50 years , but nobody made djibouti sign it. In the end , this will blow up in Djibouti face as djibouti is 10000% reliant on the international community , and the numerous countries that have military bases in Djibouti because everyone now knows Djibouti is bad for business.

Tell me who's going to sign any contracts with djibouti from now on, now that everybody realizes Djibouti operates like this.

How Djibouti Became China's Gateway To Africa

http://www.spiegel.de/international/wor ... 91441.html

The Chinese have already moved in. No shortage of willing investors by the looks of it.