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Opinions & Interviews

29 Aug 2017

Joint ventures named top priority for Belarus-Sudan cooperation

Joint ventures named top priority for Belarus-Sudan cooperation

MINSK, 29 August (BelTA) – Belarus and Sudan’s most crucial task is to establish joint ventures, Chairman of Belarus' Council of the Republic Mikhail Myasnikovich noted during a meeting with Speaker of Sudan’s National Assembly Ibrahim Ahmed Omer on 29 August, BelTA has learned.

“No doubt, trade is vital. But if we set up economic entities and enable proper business environment for them, this will ensure stable long-term relations and lay the groundwork for solid prospects,” the speaker underlined.

He stressed that Belarus has generated knowledge and know-how virtually in every branch of the economy. The country is ready to transfer them on agreed terms. Mikhail Myasnikovich cited medicine, engineering, natural sciences, and food industry as an example.

The sides have also discussed the prospects of expanding the bilateral legal framework. Sudan is now considering a number of the most crucial documents, among them several agreements on economic cooperation. Mikhail Myasnikovich expressed confidence that both parliaments can provide the conditions for encouraging political, trade, economic, scientific, technical, and humanitarian cooperation. He brought forward a number of proposals to intensify interparliamentary interaction. The speaker assured that Belarusian MPs are ready to be active partners in the effort to create conditions for Sudan’s development and Belarus-Sudan cooperation. According to Mikhail Myasnikovich, science, technology, and education are viewed as advanced and high-priority fields.

Belarus also thinks it is reasonable to discuss cooperation between banks. “Trading capital should be merged with the financial one to build up industrial potential that forms the main part of the added value,” the speaker remarked.

In turn, Ibrahim Ahmed Omer said that he is leading a large delegation comprising MPs, representatives of the government and the business community. This shows that the great effort initiated by the Belarusian and Sudanese presidents during Alexander Lukashenko’s visit to Sudan in January 2017 is underway.

 

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