Home | News    Tuesday 1 April 2014

Sudanese president meets with China’s special envoy

separation
increase
decrease
separation
separation

March 31, 2014 (KHARTOUM) – The Chinese special envoy for Africa, Zhong Jianhua, held talks on Monday with Sudanese president Omer Hassan al-Bashir in Khartoum that tackled bilateral relations and regional issues.

JPEG - 89.7 kb
Chinese special envoy for Africa Zhong Jianhua (L) during a meeting with Sudanese president Omer Hassan al-Bashir (R) in Khartoum on 31 March 2014 (SUNA)

"We have great confidence that the relations are progressing in a better and excellent way and developing in all fields in order to serve the interests of the two brotherly peoples," Jianhua was quoted as saying.

He expressed appreciation for Sudan’s efforts to protect Chinese workers in oilfields and hailed Sudan’s positive attitude towards the situation in South Sudan.

The Chinese official also said that the meeting touched on the economic cooperation between the two sides.

Bashir for his part conveyed the satisfaction of his country over China’s positions in support of Sudan in regional and international forums, expressing hope that the relations between the two countries will serve as a model in all areas.

In a related issue the Sudanese oil minister, Mohammed Awad Makkawi, said that his recent visit to China was successful, during which they reached an agreement on increasing oil production in the country and resolving the issue of debt owed by the Sudanese government to Chinese companies.

The finance minister Sudanese Badr al-Deen Mahmoud who accompanied Makkawi said that they also agreed on transit fees for oil companies in the range of $20 a barrel, which amounts to $600 million a year to the Sudanese government.

Mahmoud also disclosed that the Export-Import Bank of China agreed to allow Khartoum to continue drawing money as part of a loan granted to the Blue Nile Sugar project. He added that they also agreed to hold meetings of the joint committee in November to promote economic cooperation between Sudan and China.

China has been Sudan’s largest foreign investor particularly in oil and telecommunications after western firms shunned the East African nation due to conflicts and sanctions.

But a report by Reuters last year cited growing difficulties facing Chinese investments as a result of the deteriorating economy.

China’s exports and imports to and from Sudan, which totalled $11.5 billion in 2011, amounted to just $3.3 billion in the January-November period of 2012, Reuters said, quoting official Chinese data.

The drop in oil trade accounted for much of that decline. But even while the oil industry has been shut down trade has continued to fall. In the first five months of 2013, Chinese exports to Sudan fell 8% from a year earlier to $1.7 billion, the data shows.

Sudan has seen its economy take a nosedive after the south became independent in July 2011, taking with it three-quarters of the once united country’s oil output.

According to figures from the International Monetary Fund (IMF), the country’s GDP contracted by 4.4% in 2012.

The World Economic Outlook (WEO) released last October by the IMF projected Sudan’s economy to grow by 3.9% in 2013 and 2.5% in 2014.

The Sudanese pound has lost more than half its value, pushing inflation rates to record levels given that the East African nation imports most of its food.

(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


Ateny flip-flopping, where is his loyalty to President Kiir? 2017-01-15 07:57:11 By Chuor Deng Chuor The world knows that Ateny Wek Ateny is supposed to be the Press Secretary and official spokesperson of President Salva Kiir. but the reality of the matter is that Ateny has (...)

Obama’s promises and pledges for Darfur went unheeded with lifting sanctions 2017-01-15 06:43:31 By Mahmoud A. Suleiman Barak Obama's Lifting of Sanctions off the genocidal regime of the National Congress Party (NCP) in Sudan is based on weak, unconvincing, pretty flimsy excuses and very (...)

The Final Betrayal of Sudan: Partial Suspension of Sanction 2017-01-14 21:31:35 “The Final Betrayal of Sudan: Obama administration’s lifting of economic sanctions; UN Ambassador Samantha Power justifying the move, claiming a ‘sea change’ of improvement in humanitarian access” (...)


MORE






Latest Press Releases


Abduction of S. Sudan Chief Justice’s aide illegal, should be condemned 2017-01-16 05:27:50 FOR IMMEDIATE RELEASE 16th January 2015 Legal Watch Associates South Sudan has learned with shock and dismay the abduction of Mr Gama Thomas, an aide to the Chief Justice, Chan Reech Madut. (...)

Carter Center welcomes new regulations on humanitarian affairs 2017-01-12 07:53:16 The Carter Center ATLANTA, Januarg 11, 2017 – The Carter Center welcomes the recent regulations issued by the government of Sudan aimed at facilitating humanitarian relief throughout the country (...)

Nertiti massacre in Central Darfur exposes the criminal nature of Bashir’s regime 2017-01-03 11:54:47 Sudan Democracy First Group Nirtiti massacre in Central Darfur exposes the criminal nature of Bashir's regime 2 January 2017 On the first day of 2016, and only one day after President Bashir's (...)


MORE

Copyright © 2003-2017 SudanTribune - All rights reserved.