The Ministries of Finance in Sudan and Ethiopia have agreed to strengthen economic cooperation between the two countries.
The Minister of Finance and Economic Planning Badr-Eddin Mahmoud affirmed Sudan's keenness to strengthen economic ties with the State of Ethiopia and to employ the opportunities of coordination in the field of joint ventures and the projects of linkage through roads and railways for the benefit of the two countries.
The minister expressed, during a meeting Sunday at his office with the Ethiopian Minister of Finance and Economic Cooperation Abdul-Aziz Mohamed, Sudan's desire to increase the electricity import from Ethiopia and benefiting from the increase Ethiopia's electricity production.
The Ethiopian Minister of Finance underlined his country's concern with development of bilateral relations in the economic and banking fields as well as the exchange of expertise and experience in the field of financial management and tax collection, revealing that his visit to Sudan targeted strengthening and development of cooperation between the finance ministries of the two countries relations besides taking advantage of opportunities of socio-economic similarities for the development of relations in the economic, Financial and banking fields.
The meeting discussed ways to increase opportunities for cooperation in the use of ports and strengthening of connectivity through roads, railways and establishment of a free trade zone between the two countries as well as the exchange of experience in the tax, banking i and economic fields.
It was also agreed to strengthen the economic cooperation between the two countries in the framework of the cooperation protocol between them for the interests of the two countries.