Associates Ahmad Murrar and Parker White from Foley & Lardner LLP have published an article in WorldECR detailing the Ethiopia and Eritrea conflict, ongoing U.S. sanctions, and the potential for regional foreign investment. They emphasize the incomplete peace agreement and its impact on sectors like telecommunications and aviation, noting a cautious resumption of investment despite sanctions.
Ahmad Murrar and Parker White, associates at Foley & Lardner LLP, have written an article for WorldECR entitled, “Regional Briefing: Eritrea, Ethiopia – and U.S. Sanctions.” In this article, they analyze the ongoing conflict between the Ethiopian government and the Tigray People’s Liberation Front, highlights regarding the unfulfilled aspects of a peace agreement established in November 2022, and addresses the imposition of U.S. sanctions prompted by the conflict. Additionally, they discuss the implications of the peace agreement for private investments in the region, particularly focusing on the telecommunications and aviation sectors.
The article discusses the significant conflict between the Ethiopian government and the Tigray People’s Liberation Front, which has persisted despite a peace agreement formed in November 2022. U.S. sanctions aimed at Ethiopia and Eritrea are a critical aspect of this conflict, affecting foreign investment opportunities in the region. The resurgence of investment in sectors like telecommunications and aviation is examined in the context of the peace deal’s implementation status.
In conclusion, Ahmad Murrar and Parker White underscore that substantial U.S. sanctions on Ethiopia and Eritrea remain effective, as the peace agreement has yet to be entirely enacted. However, there are signs of renewed foreign investments, particularly in sectors that have been recently liberalized, such as telecommunications and aviation.
Original Source: www.foley.com
