The Sudanese National Economy Minister, Mr. Sayed Ibrahim Mansour, was in New Delhi on Wednesday?
The Sudanese National Economy Minister, Mr. Sayed Ibrahim Mansour, was in New Delhi on Wednesday (22 August) for a series of trade discussions. The two countries have a pact for an equal level of trade, but this has been upset by Sudan's balance of payments difficulties.
First, Mr. Mansour called on the Commerce Secretary, Mr. Yunus khan, and then had discussions with the Minister for Commerce, Mr. Chattopadhya.
Trade between the two countries has been swinging further in favour of India for several years. In addition, Sudan is plagued by an external debt of at least 102 million Sudanese pounds (GBP 90 million sterling).
SYNOPSIS: The Sudanese Minister for Finance and the National Economy, Mr. Sayed Ibrahim Mansour, held talks in New Delhi on Wednesday, covering trade agreements between india and his country. First, he called on the Commerce Secretary, Mr. Yunus khan
Then the had official talks with Mr. Chattopadhya, the Minister for Commerce. He is expected to stay about a week while the two countries attempt to sort out their trade problems.
There is an agreement to balance the level of trade between the two countries, but this has been upset by Sudan's balance of payments difficulties.
India's exports to Sudan have out-stripped the return flow for several years and the situation has been aggravated by the fact that Sudan has an annual external debt of at least one hundred million Sudanese pounds.