Home | News    Thursday 23 February 2012

Sudan’s parliament downplays US sanctions

separation
increase
decrease
separation
separation

February 22, 2012 (KHARTOUM) – The Sudanese legislative assembly on Wednesday downplayed the impact of the economic sanctions imposed by the United States saying that many countries have been able to overcome it.

The parliament deputy speaker Hagu Gism al-Sid said the country has been under sanctions since the 80’s without a real effect emphasising that Sudan will prevail in the end, referring to the experiences of China and Iran.

Al-Sid further said that Sudan rejects conditions put by the US in return for forgiving Sudan’s $2.4 billion debt.

This month US president Barack Obama submitted a debt relief proposal for Sudan to Congress as part of his 2013 budget. But for Sudan to take advantage of the offer it must follow through on all remaining items of the 2005 Comprehensive Peace Agreement (CPA) particularly with regard to post-secession negotiations with South Sudan.

Khartoum must also satisfy US Congress requirements including upholding human rights and fighting terrorism.

Sudan is in desperate need of debt relief amid a growing economic crisis that resulted primarily from the secession of the oil-rich south last July which resulted in sharp decline in revenue, shortage of hard currency and rising inflation that was compounded by the deterioration of the exchange rate versus major currencies.

Last week Sudan’s finance minister said that the country pays $600 million in debt repayments to Arab sovereign funds which he said is a tiny fraction of $37 billion in overall external debt with interests.

Al-Sid said they received some help from friendly nations but noted that most of it will be used for development projects and a small part for improving the balance of trade and halting the slipping of the Sudanese pound.

He also said that the rise in prices is an international phenomena that is not limited to Sudan.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.
  • 23 February 2012 20:17, by Elijah B. Elkan

    Downplay U.S. sanctions all you want but soon it will bit.The problem with Khartoum government is they are fools. Rejecting 2.4 billions is stupid. Why don’t Khartoum pay off the loan, instead of asking for a hand out from the U. S. Mr. Gism Alsid your comments are all lies. Your president Bashir is a wanted criminal in the world and he should hang for the killing millions people.

    repondre message

  • 23 February 2012 21:18, by morogot batal

    you rejected because you were convince by your terorist that you may reach any thing you want by blood. you were given mass distrucive weapon by them but let me assure you that those weapons can not fight olone.you also expect our distruction in your part.we doont mind because we used to since.we will not relie in the hand of international comunity as you know us before.khartoum will one day ?????

    repondre message

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Reflections on the SPLM-Ns 2017-10-18 20:15:33 By Mohamed Yassin It is sad, weird and ugly that some comrades reduced the vision of the SPLM to the SPLM-N standing for North, as a compromise. Its adaptation, it was bitterly adopted in an (...)

Do we have leaders in South Sudan or murderers? 2017-10-15 04:13:20 By Peter Gai Manyuon According to different scholars globally, leadership style is the way a person uses power to lead other people. More so, scholars have also identified a variety of (...)

Accountability, National Dialogue, and Elections: Which one of them comes first? 2017-10-12 21:51:17 By Dr Lako Jada Kwajok Conflicts or wars are the offspring of failures to have constructive dialogues in resolving problems between parties. The parties could range from countries, groups of (...)


MORE






Latest Press Releases


Reactions to government agencies’ conspiracy against Greater Bor community 2017-10-08 07:54:31 October 7, 2017 A monkey business or a donkey business in the government of the republic of South Sudan against the citizens is unacceptable. Therefore, we as youth of Greater Bor in diaspora (...)

Amnesty calls to release Nubian activists detained over protest for cultural rights 2017-09-12 20:47:54 AMNESTY INTERNATIONAL PRESS RELEASE 12 September 2017 Egypt: Release 24 Nubian activists detained after protest calling for respect of their cultural rights Egyptian authorities should (...)

New group formed to gather Nuer in United States 2017-08-17 14:15:50 DECLARATION FOR THE FORMATION OF NUD TO BRING TOGETHER ALL NUER IN THE U.S.A Press Statement The Nuer Union For Development (NUD) The United State of America The State of Nebraska August 15, (...)


MORE

Copyright © 2003-2017 SudanTribune - All rights reserved.