Home | News    Wednesday 29 January 2014

Khartoum, Juba renew commitment to implement cooperation agreements

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January 28, 2014 (KHARTOUM) – The Sudanese government has urged South Sudan to speed up the work of the tripartite committee on foreign debts which is headed by the African Union (AU) in order to utilise the two-year zero option to cancel foreign debts.

Sudan’s minister of finance, Badr Al-Deen Mahmoud Abbas, asserted Khartoum’s commitment to implement cooperation agreements signed with Juba besides strengthening bilateral ties to achieve mutual benefits in the field of petroleum and pensions.

In September of 2012, both Sudan and South Sudan signed a series of cooperation agreements, which covered oil, citizenship rights, security issues, banking, border trade among others.

Last March, the two countries signed an implementation matrix for these cooperation agreements.

Abbas met on Tuesday with South Sudan’s minister of oil and the person in charge of economic cooperation with Sudan, Stephen Deo Dow, in the presence of the state’s minister at the ministry of finance, Mohamed Youssef Ali, and the governor of the central bank, Abdel-Rahman Hassan Abdel-Rahman.

He called for opening borders and crossings with South Sudan besides determining customs points in order to speed up trade exchange and take advantage of the summer period to facilitate flow of goods to South Sudan.

Sudan had earlier predicted trade exchange with South Sudan would double and reach 14,000 tonnes of commodities daily compared to 7,000 tonnes after allowing movement of goods across borders making it the largest exporting country to South Sudan.

Abbas vowed to facilitate flow of oil production inputs to increase production in South Sudan and provide technical support for the oil fields impacted by the ongoing conflict.

Sudan’s central bank governor said if the foreign debts are cancelled, the international community would undertake several commitments including financing projects in South Sudan besides compensating Sudan for oil revenues lost as a result of South Sudan’s secession, covering Sudan’s budget deficit, lifting US sanctions on Sudan and removing its name from the list of states sponsoring terrorism.

Washington imposed economic and trade sanctions on Sudan in 1997 in response to its alleged connection to terror networks and human rights abuses.

Sudan is also on the US list of states that sponsor terrorism since 1993 even though the two countries have strengthened their counter-terrorism cooperation since September 2001 attacks on Washington and New York.

Dow for his part pointed to the brotherly ties between peoples of Sudan and South Sudan and said the future of the two states depends on their cooperation, mentioning that they work as one team with the Sudanese government to implement cooperation agreements and achieve joint interests.

He said South Sudan cannot survive without Sudan and vice versa and pointed to Juba’s need for Sudanese contractors, demanding Sudanese government to provide technical support and training for South Sudanese cadres in oil sector besides assisting in maintenance of oilfields affected by the ongoing conflict.

Sudan’s external debt is estimated to have grown by 27% since 2008 from $32.6 billion to $41.4 billion in 2011. The IMF forecasted the debt level to reach $43.7 billion in 2012 and $45.6 billion in 2013. The latter represents 83% of Sudan’s 2011 GDP, which was $55.1 billion.

Last April, the deputy director of the Middle East and Central Asia department at the International Monetary Fund (IMF), Edward Gemayel, warned that it will be near impossible for Sudan to secure debt relief even if it satisfied technical and economic requirements.

Gemayel, who led a delegation to Khartoum, went on to say that Sudan won’t be able to benefit from the Heavily Indebted Poor Countries (HIPC) initiative despite fulfilling its conditions unless it succeeds in convincing all 55 members of the Paris Club creditor nations whom he said have the power to slash 67% of conventional debt owed by Sudan.

(ST)

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  • 29 January 09:18, by Tut Tut

    Dummy Kiir,you got to divorce your husband museveni first in order to be taken serious by Bashire.And you have to stop Sudanese rebels in your roll else time would be wasted. You just need to understand you cannot simply blackmail Bashire with your husband Museveni.Too much canny too much self confusion. You Telar Ding is clueless.If Museveni is not enough, then strategize your exit.

    repondre message

    • 29 January 09:28, by Tut Tut

      Con... such inferior games must stop. There is nothing new for Northern neighbor to wonder about. Everything we have in S.Sudan right now was shared then. Nothing new, nothing strange. Your inferior tactics is just a waste. you and your house maid Telar Ring are equally doomed. Just wait for your fate.

      repondre message

    • 29 January 10:28, by Johndumo14

      Arest warat for Dr Riek machar.
      East African countries have issued an arest warant for Dr Riek Machar,for the theft of more than $6 billions dollars of their money in KBC
      in 3 states,Bor;bentiu,Malakal,including the stollen of 400 trucks belongs to a Somalis Business man plus worth of millions of goodsstollen by Riek forces,the case is filed in East African Cof Justice.

      repondre message

      • 29 January 10:52, by Malakal county Simon

        Johndumo14
        You’re too dumb to believe in fabricated and propaganda, liars my friend....

        repondre message

    • 29 January 12:33, by Tong dut

      Kiir must think well, Museveni needs Kirr to pay the death of 900 Ugandans soliders killed at Bor, and one army payment was 1000 USD per a day apart from the daed ones.
      Why is it that Kiir brings army from Uganda to kills his fellow Sudanese. Let him wait for election, if ugandans will vote for him?

      repondre message

    • 29 January 20:19, by Johndumo14

      Ex-VP Dr Riek Machar and six others are to face treason charges including Rebeka Nyandeng,she is among those opposed to President Salva Kiir rule,But Salva Kiir and his advisers ignore,her because she is the widow of late John Grang.
      Otherwise she is supposed to be imprisoned together with the 11 detained political prisoners,she even behaves like ilitrate,if her husband was a leader,so what???

      repondre message

  • 29 January 18:00, by thomas

    Keep deluding yourself. East Africans are our brothers, not Sudanese or Egyptians. They are not even friends. Since when did they start caring about us?

    repondre message

    • 29 January 18:27, by Oppressor

      A Dump Idiot "thomas " look at urself beggar u were a Sudanese not Kenyan or Ugandans / Ethiopian but u like to be an inferior slave to Mosvine M7... haaaaa don’t u feel shame u have u own identity as S, sudanese but u run after slavery

      repondre message

      • 29 January 20:58, by thomas

        Since you bring it up. In case you forgot, it’s Arabs that enslaved South Sudanese; not Ugandans, Kenyans, or Ethiopians.

        repondre message

  • 29 January 21:24, by Gatluak

    No sound minded person on the earth will support Kiir who known killer. Am a civil servant who served for in Kiir’s government for 9 yrs, wh6 on 16/12/2013 my contribution was was denied by those fucken guys?

    repondre message

  • 29 January 21:27, by Gatluak

    Zm very stressful 4give ma language

    repondre message

  • 30 January 05:43, by tootke’bai-ngo

    NICE TRY MR.ABBAS, WHY DRAG S.SUDAN IN YOUR MESS. KHORTOUM SHOULD FIND ITS’ WAY TO PAY BACK HER DEBTS. WHEN THE REGIME BORROWED THOSE PEOPLE’S MONEY TO DEVELOPED ONLY CENTRAL SUDAN AND STOLE THE SURPLUSIN INTO PERSONAL ACCOUNTS ABROAD, CITIZENS NEVER BENEFITED. LOOK AT DARFUR, EASTERN SUDAN, FAR NORTH NEVER MIND S.SUDAN WHICH WAS A BATTLE FIELD FOR DECADES. PLEAS!!! FIND YOUR OWN WAY, LEAVE US OUT

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