Sudan Affirms Commitment to Strengthening Economic Partnership with Saudi Arabia

Khartoum – Sudanhorizon
The Sudanese Minister of Finance Dr Gibril Ibrahim affirmed the country’s commitment to strengthening economic relations with Saudi Arabia and elevating them to a strategic partnership that serves the mutual interests of both nations, building upon deep historical ties and the solid bonds shared by the two sister peoples.
While chairing a meeting of the Cabinet’s Economic Sector at the Ministry’s headquarters on Tuesday, the Minister explained that Sudan is working to formulate a comprehensive vision for economic cooperation with the Kingdom. This vision focuses on clear priorities and viable projects, leveraging Sudan’s resources, potential, and comparative advantages to support economic recovery and reconstruction, while opening broader avenues for investment and successful economic partnerships.
Attended by ministers of the economic sector and the Governor of the Central Bank of Sudan, the meeting explored cooperation and investment opportunities in several vital sectors—foremost among them agriculture, livestock, energy, mining, infrastructure, and transport. Discussions also covered the development of production, manufacturing, and export value chains, as well as maximizing the benefits of Sudan’s strategic location in regional and international trade.
Furthermore, the meeting underscored the importance of enhancing cooperation within the financial and banking sectors and improving coordination between the two central banks. These steps aim to facilitate trade and investment transactions and create a favorable environment for expanding economic relations between the two countries.
The Sudanese Minister of Finance emphasized that the upcoming phase aims to transition Sudanese-Saudi economic relations toward more effective and sustainable partnerships, grounded in well-studied, practical projects that offer mutual opportunities for both the public and private sectors, thereby fostering economic integration and supporting the aspirations of both nations for development and sustainable growth.

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