Boost for Egypt-Sudan trade relations

Tarek Kabil. (Reuters)
Updated 09 December 2017

Boost for Egypt-Sudan trade relations

LONDON: Trade talks between Egypt and Sudan that were described as “successful” came to an end in Cairo on Thursday. The talks followed months of strained economic relations between the two neighboring countries.
It is expected that a trade and economic agreement will be announced soon, which will aim to resolve outstanding trade issues between the two countries in order to further their mutual interests.
Trade relations between Sudan and Egypt have been strained since the middle of last year when Sudan banned Egyptian fruit and industrial goods imports. Egypt responded by preventing the entry of many goods that were crossing into its market without permission.
The Sudanese Minister of Trade Hatem Al-Sasser held talks in Cairo on Thursday with his Egyptian counterpart Tarek Kabil in the presence of the ambassadors of the two countries. The Sudanese minister is attending the Africa 2017 Forum, which kicked off in Sharm El-Sheikh on Thursday.
The Sudanese and Egyptian officials discussed how to implement trade agreements signed by the two countries and agreed to hold meetings that experts would participate in. The trade agreement is expected to be announced following these meetings.
In a press statement that he gave after the talks, Al-Sasser said that “strengthening and developing trade relations and increasing the volume of trade exchange with Egypt” is very important to political leaders in Sudan.
Kabil stressed that Egypt was keen to initiate and implement the agreements that were signed by the two countries and cooperate fully with Sudan.


Britain expects ‘very significant’ week for Brexit talks as clock ticks down

Updated 29 November 2020

Britain expects ‘very significant’ week for Brexit talks as clock ticks down

  • Despite missing several self-imposed deadlines, the negotiations have failed to bridge differences on competition policy and the distribution of fishing rights
  • Britain’s transitional EU exit agreement expires on Dec. 31, and Britain says it will not seek any extension

LONDON: Britain and the European Union are heading into a “very significant” week, British foreign minister Dominic Raab said on Sunday, as talks over a trade deal enter their final days with serious differences yet to be resolved.
EU negotiator Michel Barnier told reporters in London that “works continue, even on Sunday” on his way to a negotiating session, as both sides look for a deal to prevent disruption to almost $1 trillion of trade at the end of December.
“This is a very significant week, the last real major week, subject to any further postponement... we’re down to really two basic issues,” Raab told the BBC.
Despite missing several self-imposed deadlines, the negotiations have failed to bridge differences on competition policy and the distribution of fishing rights.
But Britain’s transitional EU exit agreement — during which the bloc’s rules continue to apply — expires on Dec. 31, and Britain says it will not seek any extension. A deal would have to be ratified by both sides, leaving little time for new delay.
“The bottom line is... in the ordinary course of things we need to get a deal done over the next week or maybe another couple of days beyond that,” Raab told Times Radio in a separate interview.
Earlier, he had signalled some progress on the ‘level playing field’ provisions which look to ensure fair competition between Britain and the EU, and said fishing remained the most difficult issue to solve.
Despite accounting for 0.1% of the British economy, fishing rights have become a totemic issue for both sides. Britain has so far rejected EU proposals and remains adamant that as an independent nation it must have full control of its waters.
“The EU have just got to recognize the point of principle here,” Raab told Times Radio.