NAIROBI, Kenya––Sudan and Ethiopia have signed memorandums of understanding (MoUs) on economy and trade during a meeting of the higher Sudanese-Ethiopian economic committee.
The MoU was signed last Thursday in the capital Khartoum.
Sudan’s Vice President, Osman Mohamed Yousif Kibir, and the Ethiopian Deputy Prime Minister, Demeke Mekonnen, chaired the committee’s meetings.
“The higher committee decided on economic and commercial MoUs that cover trade, customs, industry, animal resources, communications, railways and roads fields,” said Kibir at a joint press conference with Mekonnen.
Kibir reiterated Sudan government’s commitment to develop the relations with Ethiopia in all fields in a manner that achieves the interests of the two peoples.
“For peace and stability, and to sustain development and transformation, the economy agenda is very crucial,” said Mekonnen, adding that “for the benefit of the two peoples, economic interaction and business and investment promotion are very critical.”
Mekonnen arrived in the Sudanese capital Khartoum on Wednesday evening to take part in the meetings.
Sudanese President Omar al-Bashir on Thursday received Mekonnen and his delegation.
Ethiopia is a landlocked country located in the horn of North East Africa. It is bound by Sudan to the west and northwest, Kenya to the south, Somalia to the east and southeast, Djibouti to the east and the Eritrea to the northeast
Sudan has the eighth-highest Gross Domestic Product (GDP) at Purchasing Power Parity (PPP) among African countries (167.42 million International dollars). The top 10 African countries by GDP (PPP) are: Africa, Nigeria, Egypt, South Africa, Algeria, Morocco, Angola, Sudan, Ethiopia, Tanzania.
The international boundary between Ethiopia and Sudan and the administrative boundary between northern and southern Sudan separate cultures as different as those of the Oromo, the Nuer and the Arabs. For the Oromo and the Nuer, this area constitutes an ecological barrier that limits their highly specialized agricultural and pastoral economies in the highlands and the lowlands respectively.