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Sudan and Ethiopia Agree on Establishment of Free Trade Zone at Joint Border.

Khartoum, Dec. 4 (SUNA)- Sudan and Ethiopia have agreed on establishment of a free trade and economic zone at the joint border between the two countries, half of it is to be inside Sudan and the other half is to be in Ethiopia, with the aim to attracting investments of both countries.

At the joint press conference he held Wednesday evening at the Friendship Hall with the Ethiopian Prime Minister, Haile-Mariam Desalegn, President Al-Bashir said the proposed free trade zone will push ahead the economic and trade relations between the two countries, pointing the large potentialities enjoyed by Sudan and Ethiopia.

He said that the talks between the two sides were held in an atmosphere of fraternity and harmony that reflected the level achieved in the bilateral relations between Khartoum and Addis Ababa, indicating that the Sudanese and Ethiopian sides have signed 12 agreements and memos of understanding on cooperation in the trade, investment, electricity power, local and federal government, customs, youths, sports, banking and other fields.

Meanwhile, the President of the Republic affirmed Sudan keenness to contribute to realization of security and stability at the Horn of Africa area.

He said that Sudan distinguished relations with Ethiopia and Eritrea qualifies it to play a role for ending the tension in the relations between the two countries.

President Al-Bashir has appreciated the firm stance adopted by the African countries concerning the so-called International Criminal Court which is regarded by the African leaders as a mechanism of neo-colonialism.


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Publication:Sudan News Agency
Geographic Code:6SUDA
Date:Dec 4, 2013
Previous Article:Dr. Al-Degair: State concerns with Institutional Excellence.
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