Sudan-China Economic And Trade Cooperation

Sudanese President and Chairman of the National Congress Party Omar al-Bashir (1st R) meets with Li Yuanchao (1st L), a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, secretary of the Secretariat of the CPC., a photo by Pan-African News Wire File Photos on Flickr.

Sudan-China Economic and Trade Cooperation

SUNA

Cooperation between the two countries in the economic and technical domains began in the early nineteen seventies in which China provided loans free of interests to the Sudan which were used to implement a number of projects including building and industries, roads, bridges and public health utilities such as the Hassahisa weaving and textiles factory, the Friendship Hall in Khartoum and other projects in different areas in the country.

The China- Sudan economic and trade cooperation greatly promoted Sudan's economic development.

A number of Chinese funded enterprises participate in the China -Sudan economic and trade cooperation that makes active contributions to Sudan’s socio-economic development, and have become pioneers in Sudan's various industries.

Currently, there are more than 170 Chinese enterprises in Sudan involving fields of oil exploration, water conservancy, electricity, harbours, roads and bridges and other economic activities.

China's economic assistance brings tangible support to Sudan’s people and that is evidence that friendship between Sudan and China has a long history, and Sudan has been China's focus of aid for long.

China has always provided economic assistance to Sudan with good results and wide influence.

Since 1970 the Chinese government has provided the Sudanese government a large number of selfless assistance, even in difficult times of the national economy, China has never stopped providing assistance to Sudan.

So far, China has completed about 100 bilateral cooperation projects by providing assistance to Sudan. Among the many assistance projects, the best representative is the Friendship Hall.

China's assistance to Sudan is of a wide range of areas. China aided projects including infrastructure and public welfare and livelihood projects such as roads , bridges , hospitals , schools and some other projects that promote the economic relations and cooperation between the two sides .

Sudan has many fields of investment. It doesn't depend on oil, but there are some different fields that deal with economic resources. One of these domains is the agricultural field.

As we know, Sudan has a vast and fertile land and rich mineral resources, the development of agriculture is unique and there are broad prospects for the development of mineral resources and a huge potential for economic development.

Under the current critical situation, Sudan's economy enters into structural adjustment and strategic transformation.

While Sudan continues to focus on construction and improvement of water conservancy, transformation , electricity and other infrastructure, it actively mobilizes domestic enterprises and attracts foreign investment to explore mineral resources, develop processing and manufacturing industry, enhance its own production capacity, reduce imports and expand exports, increase foreign exchange caring sources, make up for the shortage of foreign exchange caused by oil production , and get rid of the predicament of economic development.

China and Sudan enjoy friendly and mutually trust, political relations, and bilateral economic cooperation with a solid foundation.

Confronted with new opportunities and challenges, bilateral economic and trade cooperation should continue to adhere to the principle of complementary advantages, mutual benefits and common development, seize the opportunity, face the challenge, support each other, so as to expand cooperation areas, enrich cooperation content, and create new methods of cooperation in accordance with bilateral national conditions.

Generally Sudan has confronted a series of challenges especially after the South Sudan separation and the first of these challenges is that Sudan is currently facing special difficulties, China should provide more economic and technical assistance to the Sudanese government within its capacity, and quickly solve the financing problem of current projects of the package cooperation based on mutual understanding, make sure the projects will be complicated on time, put the projects into use as soon as possible, and play its due role in Sudan's socio-economic development, peace and stability of the remote areas, and improve the quality of life of local residents.

At the same time, according to the actual needs of Sudan, China should increase human resource training to Sudan as to help them improve their capacity of independent development.

The second is to further explore new areas of cooperation, encourage competent Chinese enterprises to increase investment in mining, agriculture, processing industry to further enhance bilateral economic and trade cooperation, and constantly reinforce the foundation of the healthy development of bilateral political, economic, and diplomatic relations.

The relations between the two countries in this domain have been put into cadres through agreements that include: trade, economy and culture where the two sides have signed many protocols, the first protocol for trade exchange between the two countries in 1962.

The protocol has promoted the trade processes and refreshes the economies of the two countries.