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China; Sudan: Eight Agreements Signed

(July 2, 2008) It was reported on June 13, 2008, that, according to Sudan's Finance Minister Dr. Awad al-Jaz, China and Sudan have pledged to develop their partnership. To that end, the two sides signed eight agreements and preferential loans worth 160 million yuan (about US$23.2 million), as well as an agricultural cooperation protocol that provides for the establishment of an agricultural development center in the state of Gedaref. Al-Jaz made the remarks in an interview conducted at the conclusion of a visit by the Vice President of Sudan, heading a high-level delegation, to China. Al-Jaz further stated that the Sudanese officials “had met with a large number of Chinese businessmen, who were given a full explanation of investment opportunities and their assets, and Sudan's flexible investment law,” and he noted “this approach has found acceptance and enthusiasm from the Chinese side; it will provide more opportunities for partnership between the two countries, in addition to what was agreed upon previously and what is currently being implemented in Sudan. (Sudan: Finance Minister Says Sudan, PRC Agree to Develop Partnership, SUNA NEWS AGENCY (Khartoum), June 13, 2008, Open Source Center No. AFP20080613410007.)