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Egypt ready to invest in South Sudan, says PM

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March 14, 2013 (JUBA) – South Sudan and Egypt have inked five different agreements that seek to strengthen bilateral relations between them, and provide the latter investment opportunities in the new nation.

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Egyptian Prime Minister Hisham Qandil meeting with South Sudan president Salva Kiir in Juba March 14, 2013 (Egypt PM website)

The five Memoranda of Understandings (MoUs) were signed Thursday during a meeting between the Egyptian Prime Minister, Hisham Qandil and South Sudan’s Vice-President, Riek Machar in the capital, Juba.

Agriculture, health, animal resources and fisheries were some of the key sectors that the agreements covered.

The Egyptian PM, accompanied by a large delegation of investors, pledged strong commitment to the existing bilateral relations between the Arab nation and South Sudan.

“The Republic of South Sudan is a key player in the region and we want to maintain a strong relationship with them, by investing in it and be part of its nation building process”, said Qandil.

Meanwhile, Machar, who witnessed the various line ministers sign the MoUs, said the agreements demonstrate the political will to maintain strong ties between South Sudan and Egypt.

Also discussed, was the prospect of Egypt’s involvement in to the country’s private section, an area with huge potential, but largely undeveloped.

The Arab Republic of Egypt was one of the first countries in the region to recognise the independence of South Sudan in July 2011, which resulted from the outcome of the referendum on self-determination, held six months earlier.

Since then, South Sudan and Egypt have exchanged diplomatic missions, with each opening an embassy and assigning an ambassador to the other.

The new nation, from the time it attained independence, has embarked on attracting foreign investment, promoting bilateral cooperation and diplomatic relations with all countries in the world.

(ST)

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  • 15 March 2013 07:32, by Mi diit

    Great! Egypt should learn to think independently from Khartoum’s ill-advices against South Sudan. Egypt and South Sudan must mend and build a strong relationship for the mutual interests of the two countries. However, Egypt should be honest in its approach to South Sudan.

    repondre message

    • 15 March 2013 07:46, by omoni jr.

      mi Diit,
      you are become very intelligent nowdays bro,and i really like your comments on ST,

      repondre message

  • 15 March 2013 08:59, by Aarai Baka

    Arabs still an Arabs, but b4 rushing into signing agreement, ROSS mush asked Egyptian government about the deadly 12/30/2005 were 30 have been killed while hundred been wounded. Trust no Egypt at all, Egypt plays dirty play behind.

    repondre message

  • 15 March 2013 10:48, by Gabriel Ajak

    Egyptian, get committed in SS development, the hand come and the hand go say say, please work hard so that you will get a little of reword according to what you have done.

    repondre message

  • 15 March 2013 14:53, by James Maker Akok

    South Sudanese,
    Is okay for Egypt to try to make friendship with South Sudan but our South Sudan Government should not misleading us to saying Egypt was a first country who like South Sudan Independence. Egypt is against South Sudan Independence they need South and North as one Sudan because of water. Egypt just come to South Sudan now to make friendship because of water but not Egypt like SS.

    repondre message

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