Home | News    Thursday 10 May 2018

Sudan, UAE agree to promote economic cooperation

separation
increase
decrease
separation
separation

May 9, 2018 (KHARTOUM) - Sudan and the United Arab Emirates (UAE) have discussed ways to promote economic and trade cooperation between the two countries.

JPEG - 15.3 kb
Sudanese president Omer Hassan al-Bashir (L) shakes hands with UAE vice-president and prime minister Mohammed bin Rashid al-Maktoum in Abu Dhabi on 22 February 2015 (WAM)

On Monday, Sudan’s Foreign Ministry Under-Secretary Abdel-Ghani al-Nai’im discussed with the UAE’s Assistant Foreign Minister for Economic Affairs Mohamed Sharaf and his accompanying delegation mutual investment opportunities as well as the exchange of economic and technical expertise.

The meeting comes as the Sudanese government is facing strong pressure from the opposition parties for its participation in the Saudi-led alliance which wages war against the Iran-backed Houthi rebels in Yemen.

Khartoum was criticised for the poor financial support provided by the oil-rich Gulf monarchies to the country despite its significant involvement in the Yemeni conflict.

The criticism prompted Sudan’s State Defence Minister Ali Mohamed Salim last week to reveal that his ministry is currently evaluating pros and cons of the participation in the Yemen war in order to decide on it soon.

Also, the Saudi ambassador in Khartoum was quick to hold a press conference to say his country would sign a number of defence and economic cooperation agreements with Sudan very soon.

Following the meeting, al-Nai’im told reporters the visit of the UAE delegation comes as the economic, trade and investment relations between the two countries is growing steadily.

He pointed out that leaders of both countries seek further cooperation and mutual investments, pointing to Sudan’s vast investment opportunities and President Omer al-Bashir initiative to achieve Arab food security.

For his part, Sharaf underscored his government desire to promote economic and trade cooperation between the two countries.

He expressed his country’s keenness to cooperate with Sudan to explore more investment opportunities and increase the volume of trade exchange between the two brotherly countries.

Last March, the official news agency SUNA said the Central Bank of Sudan (CBoS) has received a deposit of some 1.4 billion U.S. dollars from the UAE).

However, no statement had been issued from the UAE government or the Abu Dhabi Fund for Development, which SUNA said was the agency that has provided the investment deposit, to confirm the provision of the deposit.

(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


The political calculations of Sudan’s military regime 2019-04-22 20:37:26 How Sudanese President Omar al-Bashir was overthrown and what happens next in Sudan By Ahmed H Adam* On April 11, after 30 years in power, the longstanding dictator, General Omar al-Bashir, was (...)

Will the military or the people lead Sudan? 2019-04-22 16:25:04 Support by regional and international partners will be critical to address the economic crisis, as well as the reformation of government institutions, ministries and security agencies By Ahmed (...)

Will uprising in Sudan provide a new political dispensation? 2019-04-20 06:25:31 By Luka Kuol* The recent wave of uprising in some African countries shows the new means of contesting the African rulers who stayed in power for so long and are hardly to be unseated through the (...)


MORE






Latest Press Releases


Sudanese lawyers and Human rights defenders back calls for civil rule 2019-04-26 10:22:06 Press statement by 55 Sudanese lawyers and Human rights defenders on Sudan Sit-in and Peaceful Protest Khartoum -24/04/2019 We, the undersigned (55) Sudanese lawyers and human rights defenders, (...)

South Sudan’s Lafon youth condemn killings of civilians by Pari community 2019-04-03 21:54:29 Press Statement on the Fighting between Pari/ Pacidi and Lotuko/Lokiri on 24/3/2019 Release by The Lafon County Youth Union: We, the Lafon County Youth Union hereby condemn the atrocities and (...)

Joseph Malwal Dong joined the SPLM/A -IO 2019-04-02 08:35:02 SPLM/A (IO) Press Release 1/4/2019 On Hon. Joseph Malwal Dong Joined the SPLM/A (IO) The leadership of the SPLM/A (IO) would like to seize this precious opportunity to announce to members and (...)


MORE

Copyright © 2003-2019 SudanTribune - All rights reserved.