Moscow - Quite recently, Foreign Minister of Sudan Ibrahim Ghandour and his high-powered delegation together with top officials of the Russian Chamber of Trade and Commerce have concluded an agreement envisioning close cooperation in various spheres in the economy of Republic of Sudan.
Moscow – Quite recently, Foreign Minister of Sudan Ibrahim Ghandour and his high-powered delegation together with top officials of the Russian Chamber of Trade and Commerce have concluded an agreement envisioning close cooperation in various spheres in the economy of Republic of Sudan.
The event was attended by Vice President of the Russian Chamber Georgi Petrov, Director of the Department of External Relations, Vladimir Padalko, Chairman of the Russian-Sudanese Business Council, Nikolay Everstov, Ambassador of Sudan in Russian Federation, Nadir Yousif Babiker, and representatives of the Sudanese and Russian business community.
During the meeting, they discussed the development of Russian-Sudanese business cooperation with emphasis on cooperation in energy, investment and construction of infrastructure in Sudan, and voiced concrete proposals and projects from the Russian side.
They further noted the steady developments of the current state of relations between Russia and Sudan, pointing out that favourable conditions have been created for boosting bilateral trade, economic relations and business development.
Georgi Petrov pointed explicitly that “the potential for further cooperation depends on the relations of the two countries to conduct joint business and productive negotiations.” Sudan is an important partner of Russia in north Africa.
Sudan has successfully been developing political dialogue at the highest level. There are real opportunities to intensify cooperation. However, the volume of trade and economic cooperation at present is negligible.
In his contribution, Ibrahim Ghandour expressed the willingness for the continuation of mutually beneficial cooperation with Russia.
He also highly appreciated the role of Russian Chamber of Trade and Commerce in enhancing the business dialogue and the support given to the Sudan. Favorable geopolitical location and wealth of natural resources open many directions for creating promising joint projects.
Ghandour, however, stressed that the Sudanese government has created the conditions for attracting Russian companies to its market.
Chairman of the Russian-Sudanese Business Council, Nikolay Everstov, in his speech noted that difficulties in economic situations make it stronger and are aimed at promotion and support of joint programs.
Special attention, according to him, must be given to the implementation of major joint projects (promotion of the GLONASS system in the Sudan, the development of satellite and information technologies and the construction of the railways, the supply of Russian grain, exploration of hydrocarbon deposits and mineral resources on the territory of Sudan).
The Business Council is considering the development of cooperation in the financial sphere, formation of mechanisms of financing pilot projects and contracts for the supply of strategic goods.
Following the meeting, the key directions for further cooperation were highlighted: the Sudanese mineral resources, energy, including the extraction and processing of oil and gas, renewable energy, agriculture and water resources, housing construction, creation of satellite communication systems, development of infrastructure, especially transport and ports.
Some representatives of the Russian companies at the meeting made brief presentations of their opportunities in the Sudanese market.
Photo: REUTERS/Mohamed Nureldin Abdallah