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Piracy and Peace in the Horn of Africa

December 17, 2008 @ 11:00 am - 12:30 pm

Public Event

Location:
U.S. Institute of Peace
2nd Floor Conference Room A
1200 17th St, NW
Washington, DC 20036

Directions

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Since January 2008, pirates operating off the Somali coast in East Africa have extorted an estimated $150 million in ransom payments from over 100 vessels, the largest being the Saudi tanker Sirius Star with its cargo of two million barrels of oil. The increasing frequency, aggressiveness and sophistication of these attacks have made the Gulf of Aden the world’s most dangerous waterway according to the International Maritime Bureau’s Piracy Reporting Center. Gangs of organized pirates operate with impunity even though warships from over six countries are in the region and both the U.S. and French have naval bases in the vicinity. Inadequate maritime security in this region has far-reaching implication. For example, piracy disrupts global trade (3.3 million barrels of oil daily), increases the cost of trade (higher insurance premiums, ransoms, and costly detours), undermines safe transport, and complicates prospects for peace in Somalia. Addressing piracy requires a two-pronged approach. A robust enforcement regime must be complemented by efforts to improve governance and reduce poverty in Somalia. While the European Union launched a naval initiative to provide "close support protection" for vessels transiting the Gulf of Aden in December 2008 called Operation Atlanta, relatively little has been done to address the plight of the pirates who operate in Somalia’s territorial waters and find refuge in Somali ports like Eyl. The panel will discuss creative solutions to the legal, security, financial, political and socio-economic challenges that must be overcome. Recommendations for a comprehensive, lasting and effective strategy would also be considered.

Speakers
ADM (ret.) Harry Ulrich
Executive Vice President, International Security Affairs Practice, Enterra Solutions, LLC and Former Commander, U.S. Naval Forces in Europe

Dr. David Smock
Vice President, Center for Mediation and Conflict Resolution, U.S. Institute of Peace

Raymond Gilpin, Moderator
Associate Vice President, Sustainable Economies, U.S.Institute of Peace

Media Inquiries
Please contact Ian Larsen (+1.202.429.3870) or Lauren Sucher (+1.202.429.3822) in the Office of Public Affairs and Communications.

RSVP
To RSVP, please send your name, affiliation, daytime phone number, and name of the event to Catherine Morris at [email protected].

Details

Date:
December 17, 2008
Time:
11:00 am - 12:30 pm