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.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Sudan’s Bashir is playing a dangerous game 2018-05-23 05:09:04 The attempt of the Sudanese president to engage with rival regional interests in a bid to stay in power might fail. By Ahmed H Adam Sudan's political crisis is sliding into a dangerous phase. (...)

Salva Kiir’s cunning strategy 2018-05-19 07:40:06 By Duop Chak Wuol Salva Kiir likes to preach democracy to confuse people, looks for ways to legitimize his atrocious regime, uses deception to promote his despotism, and calculatingly waits for (...)

Lessons for South Sudan and IGAD-Led peace forum 2018-05-16 23:28:16 James Okuk, PhD “The polis exists to assure the good life” – Aristotle. “For however strong a ruler may be, he will always have need of the goodwill of the inhabitants if he wishes to remain in (...)


MORE






Latest Press Releases


The Suspension of Hurriyat Online Newspaper 2018-04-29 07:04:37 Sudan Democracy First Group 28 April 2018 The Sudanese civil and political circles and those concerned with Sudan were shocked by the news that the management of Hurriyat online newspaper has (...)

Petition on the Deteriorating Human Rights and Humanitarian Situation in Sudan 2018-04-22 10:01:20 UN Secretary-General, New York African Union Commission, Addis Ababa UN High Commissioner for Human Rights, Geneva Petition on the Deteriorating Human Rights and Humanitarian Situation in Sudan (...)

Abyei celebrates Mine Awareness Day 2018-04-05 08:52:03 4 April 2018 | Abyei - The United Nations Interim Security Force for Abyei (UNISFA) and the United Nations Mine Action Service (UNMAS) commemorated the International Day for Mine Awareness and (...)


MORE

Copyright © 2003-2018 SudanTribune - All rights reserved.