Khartoum and Juba hold talks on bilateral trade

May 15, 2013 (KHARTOUM) – The governments of Sudan and South Sudan
have signed in Khartoum today the commerce minutes on trade activation
cooperation between the two countries yesterday.

The record is comprised of ten items including regulation of commerce
between the two countries, encouragement of businessmen, activation
the laws, movement of goods and people, commercial missions,
preferential trade , banking and insurance, factories and commodities,
commercial points, and the settlement of disputes.

In September of last year, the two ex-foes signed a series of
cooperation agreements which covered oil, citizenship rights, security
issues, banking, and border trade among others.

After several months of an apparent setback, the two countries signed
an implementation matrix last March for these cooperation agreements.

Sudan’s minister of trade, Osman Omer al-Sharif, said that the signing
of this record is the first step towards executing the trade agreement
which was signed last year, expressing commitment to follow up
implementation of the remaining items and to speed up establishment of
trade points with South Sudan.

Al-Sharif further pledged to help businessmen fulfill their tasks and
carry out trade and investment between the two countries.

South Sudan’s undersecretary for trade, industry, and investment,
Kiqin Jakour Peu, for his part, stressed his ministry’s commitment to
the implementation of the agreement and said that 2011 separation of
Sudan will be a source of strength and attraction between the two
countries.

He noted that trade between the people has begun, but movement of
people and commodities needs to be facilitated officially in
accordance with the laws.

(ST)

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