MinskOOne Press
On Thursday, the Government of Sudan and the Republic of Belarus signed a general agreement on the provision of export credits, in a move aimed at establishing a legal and financial framework for the supply of Belarusian goods, services and works to Sudan.
The agreement was signed on the Belarusian side by Deputy Minister of Industry Leonid Ryzhkovsky, while the Sudanese side was signed by Adviser to the Minister of State at the Ministry of Finance, Mohamed Nour Abdel-Demi.
Under the agreement, the Development Bank of the Republic of Belarus will assume the role of lender in the financing operations associated with the agreement.
In a related context, a memorandum of intent was signed between the Belarusian State Oil and Chemicals Company and the Sudanese Ministry of Energy, with the aim of enhancing cooperation in the fields of geological exploration and technical training.
The memorandum was signed on the Belarusian side by Vice President Vladimir Sizhov, while on the Sudanese side by Energy Minister Mutasim Ibrahim Ahmed Ali.
According to the agreement, the cooperation includes the processing and interpretation of geological exploration data in Sudanese fields using Belorosneft’s software, as well as the training of Sudanese cadres at the company’s International Business Academy.