Sudan Moves to Open New Markets for Gold Exports
Sudan Events – Reports
The Minister of Finance and Economic Planning, Dr. Jibril Ibrahim Mohammed, revealed that the government is working to open new markets for gold exports to Qatar, Saudi Arabia, Egypt, Turkey, and Oman.
During a briefing conference organized by the Sudan News Agency at the Al-Dhaman Hotel in Port Sudan, Jibril acknowledged that 80% of the country’s gold is produced by private sector companies, which are also responsible for its marketing.
Jibril noted that the war had hindered the completion of the stock exchange project, but he affirmed that the state is seeking to encourage investors through these new markets. He also stated that the government has taken control of all mines previously managed by militias, which were smuggling gold from the Singu mine in South Darfur state.
