UNCTAD to Hold Investment Conference in Sudan

SMC-

Sudan’s permanent representative to Geneva, Mustafa Osman Ismail has met with the Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) Mukhisa Kituyi on Wednesday to organize an investment conference to present Sudan’s investment opportunities with the participation of relevant organizations, companies and funding institutions.

Ismail called UNCTAD to support Sudan to join the World Trade Organization, and linking Sudanese universities with the Virtual University of UNCTAD to train Sudanese cadres in the fields of trade.

Kituyi welcomed the proposal of holding an investment conference to present the potential of Sudan investment, promising to guide the Department in coordination with Sudan, stressing that he will direct the Virtual University of UNCTAD and the accession section to provide all possible assistance to Sudan.

He said that he would consider sending a technical team to support the African Union in negotiating to agree on partnership with the EU in the framework of the renewal of the Cotonou agreement.

Kituyi thanked Mustafa Ismail for his efforts in coordinating the African Group in Geneva on the issues of UNCTAD, and stressed that lifting of sanctions is a good opportunity for Sudan to integrate into the global economy.

The Sudanese representative had presented to the secretary a report on his upcoming visit to Addis Ababa to participate in the preparatory meetings of the African-European Summit, which will be held in Ivory Coast from 29 to 30 November 2017.

The Cotonou Agreement is the framework for EU relations with African, Caribbean and Pacific (ACP) countries. Adopted in 2000 for a 20 year period, it includes a political dimension, economic and trade cooperation, and development cooperation.