Exporters Demand Linking Imports to Export Dollar

Sudan Events – Nahid Oshi

The Head of the Leather Exporters Division, Khaled Mahmoud Haroun, has emphasized the importance of exports and considered it a balance for stabilizing the value of the Sudanese pound against foreign currencies. He called on the state, in a statement to (Sudan Events), to link dealing with imports to only the export dollar, so that businessmen work to open markets and increase the value of exports to provide currency for import purpose

He said that the provision of hard currency is done through exports and remittances from expatriates, and during the recent period, remittances from expatriates through the banking system stopped due to the low exchange rate compared to the parallel market, while flows and revenues in hard currency continued to come through the export of gold, products, and cash crops (beans, sesame, Gum, cotton) with revenues estimated at $UD 8 billion

Regarding the control of the import market, Khaled noted the necessity of providing import amounts from the proceeds of export revenues, so that the currency market is transferred from merchants in Dubai to the internal market and in exchange for exported products, which prompts many to search for export markets for agricultural and animal products, especially under the circumstances of the war and the cessation of production, in addition to the need to attract local capital, which was working in general trade and industry in Khartoum State, by accessing agricultural and livestock investment, provided that the state uses its revenues from exporting gold to importing flour and medicines.