1st March, 2017
The Arab British Chamber of Commerce hosted a briefing on doing business in Sudan on 1 March attended by executives from British companies keen on exploring opportunities in the market. The event was addressed by H E Mr Michael Aron, the British Ambassador to Sudan and his Sudanese counterpart in London, H E Mr Mohamed Eltom. It coincided with the visit to the UK of a business delegation from Sudan of senior executives from the US Sudan Business Council, headed by the Ambassador H E Mr Aron.
In welcoming remarks, Dr Afnan Al-Shuaiby, Secretary General & CEO, ABCC, described Sudan as “an emerging market with considerable natural resources and rich commercial potential”. British investors would be interested in Sudan’s education and training, mining, oil and gas, water management, pharmaceuticals, agriculture, construction and financial services, Dr Al-Shuaiby said.
In his briefing, H E Mr Aron emphasised that Sudan was opening up for trade and investment following an executive order taken in January by outgoing US President Obama to suspend economic sanctions on Sudan in place since 1997. Sanctions would be formally lifted on 12 July and, the Ambassador believed, the new Trump Administration would not seek to reintroduce them. The briefing was also held in the context of the new UK-Sudan Strategic Dialogue which was initiated by the two governments in March 2016.
H E Mohamed Eltom, the Ambassador of the Republic of Sudan in the UK, began by warmly thanking the ABCC for its consistently supportive role. The Ambassador said that investment in Sudan had been impeded by conflict and politics, but there was now a new mood of national reconciliation with businesses taking a more positive look at the country.
Finally, Mr Ahmed Alamin Abdellatif, President of the CTC Group, representing the Sudanese private sector business delegation, explained that the US Sudan Business Council had been established to engage with the US private sector. Sudanese companies were now looking to build contacts with British enterprises.Back To 2017 Gallery