The Red Sea Trading Corporation (commonly known as 09) is the commercial entity created to enact the

People's Front for Democracy and Justice The People's Front for Democracy and Justice (, PFDJ) is the founding, ruling, and sole legal political party of the State of Eritrea. The successor to the Marxist–Leninist Eritrean People's Liberation Front (EPLF), the PFDJ regards itsel ...

's socially responsible development program. The company was founded with $20,000 in 1984. It is primarily involved in international trade and is the largest importer in the country. The head of the organization is Hagos Gebrehiwot. The company grew out of the necessity for the

Eritrean People's Liberation Front The Eritrean People's Liberation Front (EPLF), colloquially known as Shabia, was an armed Marxism–Leninism, Marxist–Leninist organization that fought for the Eritrean War of Independence, independence of Eritrea from Ethiopia. It emerged in 1 ...

to commercially develop the territory that it had captured during the

Eritrean War of Independence The Eritrean War of Independence was an War, armed conflict and insurgency aimed at achieving self-determination and independence for Eritrea from Ethiopian rule. Starting in 1961, Eritrean insurgents engaged in guerrilla warfare to liberate ...

. Its guiding mission is closely related to the related Nakfa Corporation.

References

Companies of Eritrea People's Front for Democracy and Justice Organisations based in Asmara Specially Designated Nationals and Blocked Persons List {{Eritrea-stub