Ministry of Commerce (Somaliland)

The Ministry of Commerce (Somaliland) is a government ministry of the Republic of Somaliland responsible for regulating and promoting trade, commerce, and industry within the self-declared republic. It plays a key role in developing economic policy, fostering a favorable business environment, and attracting foreign investment. The Ministry is typically involved in licensing businesses, ensuring compliance with trade regulations, and representing Somaliland's commercial interests in international forums, although Somaliland's lack of international recognition significantly impacts its ability to engage in such forums. It also works to support the growth of local industries and promote exports. The Ministry's specific functions and responsibilities may vary depending on the current government's priorities and the overall economic situation in Somaliland.