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Arab Economic Union calls for investment in Sudan

The Arab Economic Union has urged the private sector to invest in Sudan, with its fertile soil, water resources and human capital, a viable place to ensure Arab food security.

Ambassador Mohammedi Ahmadi al-Ni, Secretary General of the Council of the Arab Economic Union, invited the private sector to invest in Sudan to ensure Arab food security at a time of economic, social crises and climate change.

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The 114th Term Meeting of the Council of the Arab Economic Union started at the Friendship Congress and Meeting Hall in Khartoum, the capital of Sudan.

Ministers and ambassadors from member states as well as many economists attended the meeting, which was held under the auspices of Abdulfettah al-Burhan, President of Sudan Sovereignty Council and Army Commander, with the slogan “Towards Closer Cooperation for Sustainable Arab Food Security”.

Ambassador Ni expressed that Sudan, with its fertile lands, water resources and human capital, is a suitable place to ensure Arab food security and urged the private sector to invest in Sudan.

Sudanese Minister of Economy and Finance, Jibril İbrahim, also stated that the meeting took place under exceptional economic conditions due to the Kovid-19 epidemic, disruptions in the food supply chain, increase in unemployment, and slowdown in growth, and said that with joint efforts and solidarity, the effects of current problems can be mitigated and these problems can be overcome.

 

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Expressing that his country is ready to offer all kinds of support to investors and turn them into profitable investments, İbrahim called on the Council members and Arab countries to invest in Sudan and to evaluate opportunities in the fields of agriculture, livestock, electricity and infrastructure.

Welcoming Libya’s participation in the council, İbrahim expressed his recommendation to expand the council with the participation of other Arab countries.

The sessions of the Arab Economic Union Council will conclude on Thursday.

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