Khartoum, Jan. 25 (SUNA) - The Sudanese-Algerian Economic and Commercial Business Forum kicked off today this morning, with the participation of more than 30 companies in the export and import sectors, to develop the volume of trade exchange between the two countries in the field of exporting oilseeds, meat, livestock, vegetables, fruits and minerals, and the Sudanese demand for commodities, fertilizers and pesticides.
The Minister of Trade and Supply Aamal Salih said the forum represents a true start of opening new markets at The Arabic Maghreb countries, especially Algeria, stressing that the trade and investment forum coincides with the 40th session of the Khartoum International Fair in the context of strengthening relations between the two countries, which are characterized by deeply rooted and brotherly base.
She indicated that Algeria's participation with a high-level delegation of businessmen and investors is an opportunity for businessmen between the two countries to discuss cooperation opportunities and create partnerships that contribute to the exchange of investment opportunities in all fields, which contributes to maximizing trade exchange and economic cooperation between the two countries.
Aamal indicated Sudan's desire to encourage exports, especially industrial exports, pointing to the weak volume of trade exchange between the two countries, which does not match the available capabilities and resources between the two countries.
Advisor to the Algerian Minister of Trade Maya Walad Kaddour, on her part pointed out to Algeria keenness to promoting its exports and commitment to participate in the sessions of the Khartoum International Fair.
She said the participation of her country in IFK is not an accidental act but rather an important strategy a matter that provides real opportunities to enhance bilateral cooperation between the two countries, indicating that the volume of trade exchange between the two countries does not rise to the level of the distinguished relations, stating that the volume of exchange during 2020-2021 reached US$37m, decreasing during 2020-2022 to US$7m, noting that sugar represent the most important Algerian export to Sudan during 2020-2021 with about US$33m and the most important Sudan imports are sesame seeds, groundnut and Gum Arabic.
The Head of the Algerian Chamber of Industry, said that the Algerian pavilion at the International Fair of Khartoum is witnessing the participation of 40 economic institutions representing the construction, mechanical nutrition, textile, leather, energy and services sectors with the aim of creating new opportunities for mining and partnership between Algerian institutions and their Sudanese counterparts.
For his part, the representative of the Sudanese Private Sector, Nader Al-Hilali, reviewed challenges hinder benifiting from Sudan's potentials, and the country's need for quick returns investments, pointing to the charecteristics of Sudan's diversified natural resources,and the privilige of the factor of human resource, as the percentage of young people reaches 60% of the population, adding that Sudan can be the valve of Arab food security, especially in light of the global conflict.