Tag Archives: Somalia

Somalia (National Flag) Somalia (National Flag), The flag was officially adopted in 1954. At that time, the country was another UN mandate, and therefore the colors blue and white were chosen from the UN flag. The star symbolizes unity, and its five branches represent the five areas in which Somalis live: former British and Italian… Read More »

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Due to the economic situation in the country and the need to import almost all goods, Somalia’s trade balance with the EU is considerably negative. Both exports from the EU and imports… Read More »