Sudan Turkey Economic Ties

Mohamed Abdalla

Sudan and Turkey were signed 12 cooperation agreements in various sectors to enhance economic ties and to improve business relations among companies and business houses in both Khartoum and Angara.
In 2018 Turkish president Recep Tayyip Erdogan paid visit to Khartoum to discuss with his Sudanese counterpart, Omar Al Bashir the bilateral relation, particularly “Economic” relations, they viewed the feasibility of maximizing the trade volume to reach US$ 1 billion during the current year, he assured that Turkey plans to increase the trade exchange to US$ 10 billion in the future, the trade exchange between the two countries were very limited, doesn’t meet the aspiration of the peoples of Sudan and Turkey, it was US$ 500 million, the matter that let commentators describe the trade activities “Inactive”.
In 2014 Sudan and Turkey signed an agricultural partnership which includes the allocation of a plot of 12500 hectares in Abu Gutah area.
According to a report issued by the Sudanese Ministry of Investment, the volume of Turkish investments in Sudan amounted to 2 billion dollars from 2000 to 2017. It further indicates that there are 288 Turkish investment projects in the east African country.
Sudan-Turkey Business Forum was established earlier, as the first business meeting organized between the two business houses, was held in Khartoum on December 28th. According to a report issued by the Sudanese Ministry of Investment, the volume of Turkish investments in Sudan amounted to 2 billion dollars from 2000 to 2017. It further indicates that there are 288 Turkish investment projects in Sudan.
The two countries have signed an agreement for encouraging investments in both countries. As part of that agreement, the two sides had agreed to the establishment of free zones in the Sudan, with a view to building a strong base for economic bonds between Sudan and Turkey and increase exports between them. That was the first gateway Sudan had opened for Turkish investors in Sudan. That move had lead to the initiation of joint projects in Sudan. By the result, Turkey now stands among Sudan’s five major economic partners. That has translated into the growth of the Turkish community in Sudan up to 5000 persons.
It is noteworthy; The Sudanese-Turkish relations have their roots in the history of the two nations since the days of the Ottoman Empire that ruled wide swaths of the Muslim World, including the Sudan. … Sudan is seen as a gateway to Africa helping Turkey to increase its diplomatic, military and economic presence across the continent.

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *