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US and France should hurry to lift UN sanctions against Eritrea or they will lose out on good investment

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Note worthy that Eritrea and Russia are beginning to talk about business deals. US and France should hurry to lift UN sanctions against Eritrea or they will lose out on good investment opportunities in the Red Sea nation.

Eritrea’s two ports, in Massawa and Assab, occupy strategic points along the Red Sea. Access to those ports is one benefit Ethiopia, a landlocked country, may reap from the peace deal.

Ethiopia and Eritrea began talks about the possibility of joint port development immediately following the deal. Such a cooperation could involve an existing facility or one that hasn’t yet been conceived.

Meanwhile, specifics on the purpose of the planned Russian logistics facility haven’t been announced, but Russian and Eritrean leaders said the project would invigorate trade and business deals between the countries.
If Russia follows through on its plans for a logistics center, it won’t be the first time a foreign player has set up shop in Eritrea.

Assab is already home to a United Arab Emirates naval base, and Eritrea has allowed the U.A.E. to launch planes from Assab to fight Houthi rebels in Yemen. The port, at the mouth of the Red Sea, has a particularly strategic location less than 200 kilometers north of an array of international military bases in Djibouti.

Decades earlier, in the 1940s, the United States established a military and logistics base at Kagnew Station in Asmara for reconnaissance missions in Word War II and the Cold War.

Last year, U.S. Congressman Dana Rohrabacher called for renewed military ties with Eritrea in the fight against terrorism.

Sanctions next?

Eritrea faces U.N. sanctions against specific individuals, along with an arms embargo. It’s hoping to use evolving diplomatic relationships to build momentum to remove the penalties.

Talk of lifting the sanctions has accelerated since the peace deal with Ethiopia, but Eritrea’s sanctions, in place since 2009, were imposed not because of that conflict, but rather separate concerns with other regional neighbors, including alleged support of al-Shabab in Somalia and a border dispute with Djibouti.

The al-Shabab issue is all but settled, with the United Nations deciding last November to disband the monitoring group that was tasked with investigating Eritrea’s links to the armed extremist group, after years of inquiries produced no evidence of ties.
Objections over the border with Djibouti, however, have persisted, with Mohamed Siad Doualeh, Djibouti’s ambassador to the United Nations, writing a forceful letter to the U.N. Security Council in late July outlining his country’s grievances, which include occupation of Djiboutian land and prisoners of war who have not been accounted for or returned.

Lifting sanctions will require nine of 15 Security Council votes, including the support of all five permanent members — China, France, Russia, the United Kingdom and the United States.

Lavrov said Friday that sanctions against Eritrea should be lifted, according to TASS, a Russian state-owned news agency.

It’s the first time a permanent member of the Security Council has addressed the sanctions issue since the peace deal with Ethiopia and, backed by aspirations for bilateral business deals, increases Eritrea’s odds before a potential vote.

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