Ministry of Industry and Trade Discusses Export Challenges with Stakeholders

Minister of Industry and Trade, Mahasin Ali Yagoub, has announced that the ministry, in coordination with the stakeholders, has begun implementing network connectivity to the foreign trade system and providing the necessary technical infrastructure at all land, river, and sea crossings to enable trade offices to perform their roles optimally.

This came during a meeting chaired by her office on Wednesday, which included relevant entities involved in the foreign trade system, represented by the Ministry of Animal Resources, the Central Bank of Sudan, the Customs Forces, and the Commissioner of the Ministry of Industry and Trade in the Northern State, in addition to regulatory bodies represented by the Economic Intelligence Directorate and Trade and Supply Investigations Department.

The meeting discussed the problems and obstacles facing live animal exports, with a particular focus on camel exports through the Northern State, given the exceptional challenges facing the country.

The meeting underscored the need to enhance coordination and cooperation among all dtakeholders to tighten controls regulating trade flow, while ensuring that export procedures are facilitated in a manner that does not conflict with these controls.

The Minister highlighted the sector’s significant role in supporting the national economy and providing sustainable development opportunities, provided it is effectively utilized and current obstacles are overcome.

The Minister also called for the development of a comprehensive vision to control and facilitate the movement of live animal exports during the next phase.

For her part, Hanan Ahmed Abdel Rahman, Commissioner of the Ministry of Industry and Trade in the Northern State, presented a detailed report on camel exports since April 15, 2023. She discussed the efforts made by the Trade Office, in cooperation with the concerned bodies, to control and facilitate foreign trade, particularly through the state.

The meeting underlined the need to activate previous decisions regulating export movement, review all trade agreements and protocols, particularly with neighboring countries, and work to activate them or sign new agreements to serve the interests of the national economy.

Foreign Currency Price Details

Foreign currency prices in the parallel market showed notable stability on Friday, maintaining the recent upward trend.

According to foreign exchange traders, the US dollar recorded a new increase, reaching 3,150 Sudanese pounds. The Saudi riyal reached 832 pounds, the UAE dirham was priced at 850.1362 pounds, and the euro stood at 3,563.21 pounds. The British pound reached 4,133.333 pounds, while the Egyptian pound was recorded at 64.1051 pounds. The Bahraini dinar stood at 8,157.894 pounds, the Qatari riyal at 859.89 pounds, the Omani riyal at 8,160 pounds, and the Kuwaiti dinar at 10,000 pounds.