Sudan, Russia discuss development of mining cooperation
September 17, 2024 (PORT SUDAN) – Sudan’s Minister of Minerals, Mohamed Bashir Abunommo, discussed ways to strengthen economic cooperation in the mining sector with a visiting Russian delegation on Tuesday.
“We had productive discussions on expanding bilateral trade and investment, especially in mining,” Minister Abunommo stated after a meeting with a Russian delegation led by Viktor Chimodanov, Chairman of the Russian-Sudanese Business Council, and Andrey Chernovol, Russian Ambassador to Sudan.
“Russia’s expertise in modern mining technologies is of great interest to us,” he added.
The meeting is part of a series of visits between officials from the two countries to enhance bilateral economic and industrial relations in different sectors.
The Russian delegation emphasized its commitment to deepening ties with Sudan. The statement outlined plans to present a series of proposals to the Sudanese government aimed at fostering collaboration.
Minister Abunommo expressed optimism about the visit, stating, “We are confident this will lead to a significant boost in trade and investment. We will work closely with Russia to create a favourable investment climate.”
The focus on the mining sector signals Sudan’s eagerness to modernize its extractive industries and benefit from Russia’s technological prowess.
the agreement between Moscow and Khartoum on the establishment of a supply and maintenance base for the Russian Navy along the Red Sea “to support peace and security in the region.”
This visit marks an additional step towards closer economic ties between Sudan and Russia, with the mining sector poised to play a pivotal role in this burgeoning partnership.
On August 17, a delegation from Russia’s central bank met with officials from the Central Bank of Sudan to discuss using their local currencies to settle bilateral trade. They also discussed joint investment projects, establishing correspondent banking relationships, and opening branches in each other’s countries to facilitate trade.
In April, the two countries agreed to bolster economic relations before implementing a naval facility for the Russian army on Sudan’s Red Sea coastline.
(ST)