Latest Post

Africa: Sudan Will Become First Beneficiary of African CFTA - Minister

The Chairperson of the African Union, President Paul Kagame, and Champion of the African Continental Free Trade Area, President Mahamadou Issoufou of Niger, and the Chairperson of the African Union Chairperson, Moussa Faki Mahamat, unveil a plaque marking the launch of CFTA at Kigali Convention Centre recently.(Photo:NewTimes)
Kigali — Minister of Trade and member of Sudan delegation participating in AU Extraordinary Summit on establishment of African Continental Free Trade Area(CFTA) in Kigali, Hatem Al-Sir said that Sudan would become the first beneficiary of establishment of CFTA regarding tremendous resources Sudan enjoys in various domains. 

He stated in a press statement to SUNA that Sudan has some reservations over the Agreement regarding liberation of customs tariffs but, he said , it has been agreed that the issue would be discussed in the coming stages of appendixes complementary to CFTA Agreement. 

The Minister added that the CFTA would create work opportunities for graduates and address unemployment in African countries. 

He further added the Agreement was received consent and overwhelmingly agreed by the all stakeholders in Sudan as it supports the State's trend of economic reform. 

Culled from Sunday News Agency