Karti calls on China to increase investments in Sudan’s non-oil sector

By IAfrica
In Sudan
Aug 30th, 2014
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August 29, 2014 (KHARTOUM) – Foreign minister Ali Karti has called on Chinese officials to increase investments in the Sudanese non-oil sector and expressed readiness to review regulation to promote it.

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Chinese foreign minister Wang YI (R) shake hands with visiting Sudanese foreign minister Ali Karti on 22 August 2013 (photo Chinese foreign ministry)

China, which is the main Sudan’s commercial partner, is the first oil investor in the East African country which produces 133,000 barrels of oil per day (bpd). The country’s production is stationed mainly in the Heglig area and its surroundings, as well as western Kordofan.

Up to 2010, China investments were largely concentrated in the oil sector (99.90%). The other sectors are (0.07%) for the industrial, (0.03%) for the services and (0.0001%) for the agricultural.

However during the recent years, the Asian economic giant started to expand its investments to agriculture, mining, textile, water, electricity, roads, bridges, telecommunications and others.

“Developing cooperation in these areas was one of the objectives of this visit,” Karti said in statements to the government supported Sudanese Media Service (SMC) on Friday.

We have asked China as a friendly country to cooperate with us in the next phase in the expansion of oil production, and to enter into the field of agriculture, mining and manufacturing,” he added.

Karti is a 3-day visit to Beijing from 26 to 29 August where he discussed ways to consolidate political and economic relations with the Chinese foreign minister, Wang Yi, and Chinese state councillor Yang Jiechi.

The Chinese officials expressed their support to the national dialogue process and praised the recent developments in the relations between Sudan and South Sudan.

The Sudanese minister who met with Chinese oil companies, also expressed the readiness of his government to consider the observations made by Chinese companies in the area of taxes on companies, residence permits procedures, taxes and customs issues.

He further said there is a special judicial commission to examine swiftly issues related to Chinese companies, pointing it allowed to overcome a lot of obstacles and resolve many problems.

(ST)


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