Exclusive: Republican Bill Calls for US to Open Financial System to Somaliland

Exclusive: Republican bill calls for US to open financial system to Somaliland

The ScoopA US congressman has filed a bill requiring the Treasury Department to identify the regulatory barriers blocking breakaway region Somaliland’s access to the US financial system — and recommend what Washington can do to remove them.The Somaliland Economic Access and Opportunity Act, filed on Thursday, targets a specific and largely overlooked problem: Somaliland, which self-declared autonomy from Somalia in 1991, remains unrecognized by …

U.S. lawmakers introduce bill to assess barriers to Somaliland’s financial access

https://www.horndiplomat.com/feed/ By: Mohamed Duale HARGEISA, March 20 (Horn Diplomat) – Lawmakers in the United States Congress have introduced a bill requiring the U.S. Treasury to examine obstacles limiting Somaliland’s access to the American and global financial system, in a move that could deepen economic engagement with the Horn of Africa nation. The legislation, H.R. 7993, known […] The post U.S. lawmakers introduce bill to assess barrie…