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Egypt Ambassador to Khartoum: Coming period will witness more strategic coordination between Egypt and Sudan.

Khartoum, Dec. 1 (SUNA) - The Ambasador of Egypt in Sudan, Usama Shaltut, pointed out that the investment cooperation agreement signed by the Ministry of Supply and Internal Trade in Egypt with the Chairman of the Sudanese Businessmen Union last November included investment of a group of Sudanese businessmen in the international logistics center by the storage of more than one million tons of wheat, grain and sugar annually.

The Ambassador stated to SUNA that this agreement is the first fruits of the contracts of the logistic center and aims for self-suffiecency in grains, and the strategic supplies for the peoples of the Nile valley and exportation of the surplus to the other world.

He asserted that the coming period will witness more coordination in all the strategic fields between the two countries.

It is to be noted that the project of establishing the international logistics center for the storage and handling of grain is not less important than the new Suez Canal project, indicating that the project is expected to achieve economic and social outcome through achievement of food security and strategic control on ground that Egypt is the largest grain importer in the world, with the imports reaching 30% of the world's production.

TA/MO

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Publication:Sudan News Agency
Geographic Code:6SUDA
Date:Dec 1, 2014
Words:223
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