Foley & Lardner LLP associates Ahmad Murrar and Parker White published an article discussing the Ethiopia-Eritrea conflict, U.S. sanctions, and investment opportunities. They emphasize ongoing sanctions due to the incomplete peace agreement, yet indicate a partial return of foreign investments in sectors like telecommunications and aviation.
Ahmad Murrar and Parker White, associates at Foley & Lardner LLP, have authored an insightful piece in WorldECR titled “Regional briefing: Eritrea, Ethiopia – and US Sanctions.” The article comprehensively examines the ongoing conflict between the Ethiopian government and the Tigray People’s Liberation Front (TPLF), emphasizing the incomplete implementation of a peace agreement established in November 2022. Additionally, the authors discuss the implications of U.S. sanctions and restrictions associated with the conflict, particularly regarding their impact on foreign investment in the telecommunications and aviation sectors.
The authors highlight that significant sanctions and restrictions imposed by the United States on both Ethiopia and Eritrea remain in effect, indicating that the peace deal has not been fully operationalized. Despite these sanctions, however, there is a noted resumption of foreign investment, particularly in sectors that have recently undergone liberalization. This observation suggests potential economic opportunities within the region, particularly in industries poised for growth such as telecommunications and aviation.
The article addresses the complexities surrounding the conflict between Ethiopia and the Tigray People’s Liberation Front, detailing how it has affected regional dynamics and U.S. foreign policy. The peace agreement signed in November 2022 was expected to foster stability and open investment avenues. However, the failure to comprehensively implement this agreement has led to persistent U.S. sanctions, which both hinder and simultaneously highlight the potential for foreign investment in the area, particularly in strategic sectors.
In conclusion, the discourse presented by Ahmad Murrar and Parker White elucidates the current state of affairs in the Eritrea-Ethiopia conflict, the continued impact of U.S. sanctions, and the renewed opportunities for foreign investment in key industries. The article underscores the necessity for the full realization of the peace agreement to unlock the region’s investment potential, particularly in telecommunications and aviation.
Original Source: www.foley.com
