Sudanese minister calls for strengthening of economic ties with Ethiopia

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Addis Ababa, 16 May 2014 (WIC) - Sudan’s Minister of Investment, Dr. Mustafa Osman Ismail, said at the meeting of the Sudan-Ethiopia Forum in Khartoum at the weekend that the environment was now conducive for establishing good economic relations between Sudan and Ethiopia.

He called for increased integration in relations between the two countries, noting that Ethiopia possessed water sources and Sudan had vast and fertile land.

He suggested that the policy of the state required the private sector to take over 70 per cent of economic activity and that if civil society organizations were activated they could undertake a greater role than official bodies.

He noted that there were over 700 Sudanese investment projects in Ethiopia and called for the removal of all obstacles that might hinder the expansion of trade between Sudan and Ethiopia.

The Commercial Attaché of the Ethiopian Embassy said the Sudan was on top of Ethiopia's priorities in terms of economic relations and noted that more than 50 trade agreements had been signed between the two countries since 2000. (MoFA)

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