Sudanese president vows to provide attractive investment climate in Sudan

Sudanese President Omar al-Bashir on Monday pledged to provide attractive atmosphere for investment in Sudan.

"We reiterate that Sudan government has set up necessary plans to achieve objectives of the Arab food security initiative via a number of constitutional amendments together with removing all investment barriers, providing tax and custom exemptions, freedom of cash transfers and establishing special courts to resolve disputes," said al-Bashir when addressing the opening session of the Third Arab Conference for Agricultural Investment in Khartoum Monday.

"The purpose behind all these is to prepare the appropriate investment climate and make Sudan a center of attraction for the investors, particularly the Arabs," he noted.

The two day conference is organized by the Arab Authority for Agricultural Investment and Development (AAAID) under the theme "Our Food Our Responsibility."

AAAID President Mohammed Bin Obaid Al-Mazrooei said that "the importance of the conference emanates from the fact that it provides an opportunity for deliberations on the issue of the Arab food security to narrow the Arab food gap."

In the meantime, Chief Agronomist in China's Ministry of Agriculture Sun Zhonghua, addressing the conference, said that "China's Ministry of Agriculture has remained committed to enhancing the agricultural cooperation with Arab countries, particularly Sudan."

Senior officials from Arab countries, businessmen and investors from all parts of the world are participating in the conference besides a number of world and Arab organizations, representatives of farmers unions, economists, researchers and others concerned with the agricultural sector. Endit