Sudan, China to increase trade exchange: ambassador

Gms: Khartoum, 12 February 2018 (ST)

The Chinese Ambassador to Khartoum Li Lianhe has disclosed joint efforts to increase the volume of trade between Khartoum and Beijing.

Chinese President Xi Jinping (R) shakes hands with Sudanese President Omar al-Bashir during a signing ceremony at the Great Hall of the People in Beijing, China, September 1, 2015. (Photo Reuters/Parker Song)

 

He told the semi-official Sudan Media Center (SMC) that relations between the two countries have developed rapidly, revealing further cooperation with Khartoum during the coming period, particularly on oil, agriculture and industry fields.

The Chinese envoy described ties between the two countries as strategic, saying his country is keen to promote relations with Khartoum for the benefit of the two peoples.

He pointed to China’s support for Sudan in international forums, especially in the UN Security Council.

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.

It has invested more than $20 billion in Sudan mostly in the oil sector during the past two decades. Beijing provides low-interest loans and weapons transfers in return for oil.

Sudan hopes to attract new Chinese investments after Beijing had refrained from implementing a number of projects agreed upon with Khartoum following the latter’s failure to settle its debts.

Sudan’s total debt is estimated at $ 10 billion, accounting for about one-fifth of Sudan’s estimated $ 50 billion foreign debt.

In February 2012, China agreed to delay its debts for a period of five years. At the time, said it needs time to rebuild its economy after losing oil revenues as the result of South Sudan cession in July 2011.

During a visit to Khartoum in August 2017, the Chinese Vice-Premier of the State Council Zhang Gaoli announced a debt relief for Sudan worth $160 million, adding that his country would provide additional 500 million Yuan (about $75 million) in financial assistance to Sudan.


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Gms: Khartoum, 17 February 2018 (SUNA)

The Minister of Minerals met at his office Thursday with the Ambassador of the State of Venezuela in Khartoum Mr. George Anthony and the Chairman of the Foreign Relations Committee of the Venezuelan Parliament Aldus Munawara.

Gms: Khartoum, 16 February 2018 (SUNA)

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Gms : Khartoum 15 Feb.2018

The Sudan University for Sciences and Technology celebrates today the 15th of February the graduation of 7,000 of its students. This number includes 2,300 of post graduate students from both sexes and 5,000 BSC and diploma students.

Gms: Khartoum, 15 February 2018 (ST)

The German conglomerate, Siemens on Tuesday has signed an operation and maintenance contract with the Sudanese Thermal Power Generating Company (STPGC).

Member of the managing board of Siemens, Janina Kugel, together with regional and pan African executive management paid a two-day visit to Sudan on Monday.