The Federal Republic of Somalia has put in place laws and regulation related to attracting foreign direct investment to support economic growth. Over the last years, the government has undertaken deliberate effort to revise laws to promote investment in the multiple productive sector. Som

e key laws passed by the parliament include; • Somalia Investment Law 2015 • Somalia Agricultural Laws 2020 • Somali Agricultural and Inspection services (SARIS) • Somali Agrochemical policy • Seeds and Varieties Act • Plant Pr otection and Quarantine Law • National F ertilizer Policy • National P esticide Policy

Trade and investment are the key drivers of development in Somalia that will ensure Somalia plays the fullest role in a changing and interdependent world. In support of this goal, Somalia has adopted one of the most flexible foreign investment laws in the world.

This Investment law, most importantly, treats both foreign and national investors as enjoying similar economic and social advantages. Foreign investors have free access to all sectors of economy unless investments infringe national security, environment, religion and heritage concerns or are deemed morally unviable.

Sominvest is the national Investment Promotion Office which supports international investors, promotes and markets Somali products globally and interfaces to Somali ministries and government agencies.

The National Investment Strategy prioritises investment into agriculture and livestock, energy and the blue economy. A National Investment Promotion Strategy and Foreign Investor Protection Framework have also been developed.

Livestock ready for export at the Port of Mogadishu.