Home | News    Tuesday 25 March 2014

Sudan working to secure resumption of Lufthansa flights: official

separation
increase
decrease
separation
separation

March 24, 2014 (KHARTOUM) – The Sudanese minister of investment, Mustafa Osman Ismail, has disclosed that the government is working to have the German airline Lufthansa resume its service to Khartoum.

JPEG - 18 kb

On January 19th, the German carrier ended its flights between Frankfurt and Khartoum after 51 years of service to Sudan due to what was described as a profitability problem.

Ismail, who spoke at the opening of the 8th Sudanese-German economic forum in Khartoum on Monday in the presence of the German ambassador to Khartoum, said the company did not stop its flights to Khartoum due to jet fuel problems but for reasons related to the company.

Foreign airline companies operating in Sudan have long complained about the central bank’s restrictions on repatriation of its profits.

The central bank undertook these measures to battle the chronic Forex shortages that followed the secession of the oil-rich south in July 2011.

Those carriers also complain about the continuous fluctuation in the exchange rate and the increase in fuel prices which eats into its profit.

This week the Sudanese pound lost more ground to the US dollar in the black market which is now trading at 8.5 compared to 8.2 at the end of February. The official exchange rate is 5.7.

Ismail acknowledged that German investments in Sudan are less than they hope for, promising to redouble efforts and ameliorate difficulties to allow German investors to explore the Sudanese market.

He pointed that 22 companies are taking part in the forum, saying it is being held in a very important economic conditions and stressed that the government seeks to activate economic ties between the two countries with the support of the German private and public sectors, adding they aim to raise trade from its current €300 million level to a higher level.

The investment minister further said the forum reflects Sudan’s readiness to join the global economic system through Europe’s largest economy, underscoring there are several German companies operating in Sudan such as Laming company which was selected by the Arab League to implement president Omer Hassan al-Bashir’s initiative for food security.

Western firms shunned the East African nation due to conflicts and sanctions imposed upon it by the United States since 1997 in response to its alleged connection to terror networks and human rights abuses.

(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.

Comment on this article


 
 

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


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


An Alternative National Dialogue: Sudan’s last chance for sustainable peace and Unity 2014-08-30 06:18:14 By Suliman Baldo August 29, 2014 — Last week, with much fanfare and renewed hope on the part of Sudanese citizens, the African Union High Implementation Panel (AUHIP) for Sudan and South Sudan, (...)

A critique of the IGAD protocol for peace in S Sudan 2014-08-30 05:53:03 “A critique of the IGAD protocol on agreed principles on transitional arrangements towards resolution of the crisis in South Sudan” By David de Chand August 29, 2014 - First and foremost of all, (...)

IGAD failure to delivering peace for South Sudan! 2014-08-30 05:43:48 By Jacob Odong August 29, 2014- The East African Inter-Governmental Authority on Development (IGAD) is concluding a plan to allow for what they are calling a unity government for South Sudan. If (...)


MORE








Latest Press Releases


National Dialogue in Sudan: Past experiences and current challenges 2014-08-27 06:18:22 Sudan Democracy First Group (SDFG) Since independence, Sudan has undergone a number of national peace agreements, some of which were observed and honored for short periods, others which were (...)

A new approach to the National Dialogue will stop war and lead to democracy in Sudan 2014-08-22 06:50:30 A New Approach to the National Dialogue in Sudan that will Stop the Wars, Address the Humanitarian Crisis and Lead to Democratic TransformationChatham House, London on Wednesday, August 20, 2014 (...)

Friends and Diaspora of South Sudan urge leaders to choose peace 2014-08-19 20:29:59 FOR IMMEDIATE RELEASE CONTACT: Esther Sprague, Founder & Director, Sudan Unlimited 415.713.2495, esprague11@yahoo.com FRIENDS AND DIASPORA OF SOUTH SUDAN URGE LEADERS TO CHOOSE PEACE UNSC (...)


MORE

Copyright © 2003-2014 SudanTribune - All rights reserved.