Professor Mulatu Fekadu Zerihun, a renowned economist from the Tshwane University of Technology, has emphasized the critical need for the Ethiopian government and its people to unite in securing sea access for the nation's prosperity and development.
In an exclusive interview with EBC Addis Dialogue, Professor Mulatu highlighted that access to the sea, including the establishment of a naval base in the Red Sea or adjacent waters, is paramount for Ethiopia's existence.
Reflecting on Ethiopia's historical maritime connections, Professor Mulatu pointed out that the country's current landlocked status is a significant disadvantage. "It is deeply unfortunate for a 3000-year-old nation to be landlocked in the Horn of Africa, so close to the sea," he stated. "Ethiopia's recent economic trajectory has been promising, and its growth benefits not only itself but the entire African continent."
Professor Mulatu underscored that Ethiopia's landlocked status hinders its economic potential. "Keeping Ethiopia landlocked makes no political or economic sense," he emphasized. "This issue is now a matter of national discourse, with the government and the international community recognizing its urgency."
He further explained that sea access is crucial for reducing trade costs, enhancing regional integration, and strengthening economic ties with neighboring countries. "Ethiopia's trade volume is growing significantly, and relying solely on Djibouti port is insufficient," he said. "Diversified sea access is essential to minimize transportation and transactional losses, especially for perishable goods.
The professor also highlighted the importance of sea access for attracting foreign direct investment. "Investors often shy away from countries without reliable sea access," he noted. "This significantly impacts the feasibility of their projects."
He emphasized that Ethiopia's strategic location in the Horn of Africa presents an opportunity for mutually beneficial regional cooperation. "Ethiopia can share its agricultural produce with neighboring countries, and sea access is vital to connect with global markets in the Middle East, Europe, and Asia," he concluded.
Professor Mulatu urged the government to pursue sea access as a mutually beneficial strategy for regional cooperation, emphasizing Ethiopia's potential to become a competitive force in the region."