sudan abdel-ghani: According to him, due to the US long-term economic sanctions, Sudan has had difficulties in cash transfers and direct equipment and investment movements in the past two decades, according to Global Times China. The US decision came at an important phase coinciding with the economic reforms of Sudan Abdel-Ghani said. Lifting the US sanctions on Sudan was one of the great hopes upon which foreign and national investors build, Sudanese Investment Minister Mudathir Abdel-Ghani said here on Saturday. This move enables investors to carry out their banking transactions freely and facilitate the movement of capital to Sudan. We were unable to import spare parts for the industrial sector, Sudanese Industry Minister Abdou Daoud said, We used to get spare parts through mediators. In Sudan, industry was one of the most affected sectors by US sanctions, as the sector has been prevented from importing strategic commodities, equipment and spare parts.
(news.financializer.com). As
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Tagged under sudan abdel-ghani, cash transfers topics.