Back to the complete issue
Monday, 23 April 2018

Did Sudan really promise to end its boycott of agriculture goods before Ramadan?

Did Sudan really promise to end its boycott of agriculture goods before Ramadan? Sudanese government officials reportedly promised that they would lift their ban on Egyptian agricultural imports before Ramadan, said Egyptian-Sudanese Business Council member Riad Armanious. Officials apparently promised the council that the ban on some 19 goods will be lifted before Ramadan following meetings between both country’s trade ministers. The Council, which held its inaugural meeting on Saturday, has formed a committee to look into ways to speed up the lifting of the blanket ban on agriculture goods, which Sudan imposed back in May 2017.

Beyond politics, importing goods from Egypt is now an economic imperative for our southern neighbor, suggests Armanious. Egyptian goods are very price-competitive and come amid a time where inflation in Sudan has reached a high of 55.6% in March. The ban, which has largely been seen as politically motivated, appears unsustainable, considering mass protests which erupted in January over the government partially lifting bread and fuel subsidies.

Peace through wider market integration: The Egyptian-Sudanese Business Council issued a series of recommendations to bolster trade between both countries. These include reviving plans to establish an Egyptian industrial zone in Khartoum, as well as building up transportation infrastructure and railway lines connecting both countries. Armanious, meanwhile, told Al Masry Al Youm that an unnamed Egyptian company is looking to build a USD 20 mn pharma plant in Khartoum.

The wild card is the firing of Sudanese Foreign Minister Ibrahim Ghandour over the weekend. Ghandour was a lynchpin in talks on the Grand Ethiopian Renaissance Dam (GERD) and Sudan’s territorial dispute with Egypt over Halayeb and Shalatin.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2021 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; and Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Abu Auf (tax ID: 584-628-846), the leading health foodmaker in Egypt and the region.