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Turkey and South Sudan sign economic cooperation deal

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April 26, 2017 (ANKARA) – South Sudan and Turkey have inked a trade and economic cooperation agreement as a part of the latter’s commercial, political and economic relations with African nations.

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South Sudan minister Stephen Dhieu Dau (Getty photo)

Of primary interest in the agreement, the Turkish economic minister told Anadolu Agency, are agriculture, livestock, education, healthcare, energy, fishery, mining, science as well as technology.

"South Sudan, which is not a World Trade Organization member, will earn the status of being the country provided with the most advantages. We will also establish a joint economic commission," said Nihat Zeybekci.

Turkey, he said, considered Africa a "significant trade partner," and not just a provider of raw materials or a market for Turkish products.

"Today our trade volume is around $20 billion. Turkish companies have invested over $6 billion in Africa," he said, adding that Turkish construction projects in the continent were worth about $58 billion.

"We would also like to improve our relations with South Sudan in line with our developing relations with Africa," Zeybekci told the agency.

South Sudan’s Finance Minister Stephen Dhieu Dau was quoted saying his government seeks to further its cooperation with Turkey.

"We believe that Turkish business people will feel at home when they come to South Sudan. We invite them to invest in mining, agriculture, tourism, energy, infrastructure and oil," said Dau, who also vowed to ensure that Turkish investments in the war-torn nation are protected.

Landlocked South Sudan is, no doubt, endowed with unlimited potential in oil, gas, forestry, livestock, fishery, tourism, mining and energy source, which provide great potential for foreign investments.

The country’s vast natural resources and the urgent need for wide ranging investment attracted foreign investors to its capital, Juba, for the first ever major investment conference held in December 2013.

South Sudan still derives 98 percent of its revenue from oil resources.

(ST)

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  • 27 April 2017 08:34, by Garang Akeen Tong

    Good move Stephen Dhieu Dau, Am really thankful to your great effort to delivering services to our belove country.

    repondre message

  • 27 April 2017 08:35, by jubaone

    When a country is run by semi illiterates and idiots, then you auction the state resources at a dumping price. How can investors come in, when the Kiirminnal has no control of the countryside? Since 2005-2013, intense investments has solely concentrated in Greater Equatoria with less in the other regions. STOP the war, get peace and let investors go to Warrap, Aweil, Bentiu, Akobo etc, that´s it.

    repondre message

  • 27 April 2017 10:41, by Sunday Junup

    "We believe that Turkish business people will feel at home when they come to South Sudan. We invite them to invest in mining, agriculture, tourism, energy, infrastructure and oil," said Dau, Where do you want them to do this while 90% of South Sudan is under war?

    repondre message

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