FTL Somalia

Amb. Riley Urges FESTU to Create Environment That Attracts US Investments to Somalia

Ambassador Richard Riley met with Secretary-General Omar Faruk Osman, President Ahmed Osman Said, and Deputy President Nasra Haji Ahmed of the Federation of Somali Trade Unions (FESTU) on Wednesday.

Their meeting highlights the importance of collaboration between the U.S. and Somali stakeholders in fostering economic growth and improving labor conditions.

The discussion focused on FESTU’s critical role in advocating for Somali workers’ rights, ensuring fair labor practices, and promoting social dialogue between workers, employers, and the government.

By addressing these issues, FESTU contributes to creating a stable and equitable business environment, which is essential for attracting foreign investment, including from the U.S.

Additionally, the talks may have explored ways to enhance Somalia’s investment climate, such as improving labor laws, ensuring worker protections, and fostering skills development to build a more competitive workforce.

These efforts align with the broader goal of strengthening economic ties between the U.S. and Somalia, promoting job creation, and supporting sustainable development in the region.

Overall, this meeting underscores the significance of labor rights and social partnerships in building a conducive environment for investment and economic cooperation.