Sudan, Ukraine to enhance trade- economic ties
May 12, 2007 (KIEV) — A visiting Sudanese official expressed the interest of his country to expand trade and economic ties with the Ukraine, the Ukrainian news agency Unian said.
In a meeting with the secretary-general of the Ukraine’s chamber of commerce and first vice-president, Viktor Yanovskyy, Sudanese Minister of State for Foreign Affairs Al-Samani Al-Wasilah reiterated the importance of expanding contacts between the two countries’ businessmen.
He added that Sudan has vast opportunities for doing business, including significant resources of oil, gold, chromium, copper, and so on. However, given all this, the country has neither extraction nor processing industry, he said.
The minister said that Ukrainian businessmen can take part in the construction and renovation of railways, motorways and electric power plants. He added that there is no serious red tape for business activities in his country.
The minister said that the legal basis for bilateral cooperation can be expanded now by signing agreements on protecting investment, avoiding double taxation and other. This can pave the way to fruitful contacts between Ukrainian and Sudanese business circles, he said.
Yanovskyy said that Ukraine’s trade chamber will do its best to promote the expanding of bilateral relation between the two countries.
On May 10, the Sudanese state minister discussed with the Ukrainian Foreign Minister Arseniy Yatsenyuk the state and prospects for developing bilateral relations between Ukraine and Sudan.
(ST)