Sudan, Libya to Step Up Trade Exchange
Panafrican News Agency
KHARTOUM, Sudan
Sudan and Libya Sunday decided to step up bilateral trade, which the two
sides recognised had declined drastically in recent years.
At the end of a three-day meeting in Khartoum, the two countries called for
the full operation of the existing commercial, financial, economic and
investment protocols signed in 1990, to ensure the restoration of trade
exchanges to their previous position.
The meeting was co-chaired by Mustafa Ahmed Mustafa, director of external
relations in the Sudanese ministry of commerce and Muneer Fereeni of the
African Unity department of the Libyan Popular Committee.
The two sides noted that trade exchange had dropped to a humble one million
US dollars in 1999 down from 191 million dollars in 1991.
Delegates from both sides urged concerned authorities in the two countries
to speed up procedures for the establishment a joint bank as proposed
during previous meetings to facilitate trade exchange.
The proposed bank was supposed to be operate under the name "The National Bank."
The Khartoum meeting directed that before the bank is established, all
existing channels should be explored in order to ease trade flow.
"Trade exchange should continue through the existing banks of the two
countries for the time being,'' reads part of a joint statement issued at
the end of the talks.
Copyright � 2000 Panafrican News Agency. Distributed by allAfrica.com. For
information about the content or for permission to redistribute, publish or
use for broadcast, contact the publisher.
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Libya criticises air strikes against Iraq.
The political commentary writer of the Libyan News Version Agency or JANA,
whose views usually reflect the official position of authorities in
Tripoli, has severely criticised the recent threat by the US to resort to
air strikes against Iraq.
He was reacting to Saturday's remarks by the US Secretary of State Madeleine
Albright that he country could once again resort to force after the
violation by Iraqi fighter planes in the no- fly zone declared by
Washington in Southern Iraq.
According to the JANA editor, the American menace came at the wrong time
when the world is facing one of the most serious fuel crises, which had
completely paralysed Europe's transport means.
In this connection, he reminded the US of the appeal made last Thursday
night by Col. Moammar Kadhafi, who called on world leaders to show "mutual
understanding and dialogue" in the wake of rising oil prices.
Kadhafi had stressed the need to avoid aggressing petrol producing zones as
sensitive and vital areas which should not be treated with brutality.
"Is this the right moment for manoeuvres against this world's sensitive
region while all countries and particularly Europe are face with a serious
oil crisis?
According to him, the movement of aircraft carriers, warships and tanks was
"irresponsible" as this led to unjustifiable use of huge quantities of
hydrocarbons.
The commentator urged governments to take actions to curb what he termed as
"irresponsible behaviour" which portends danger to the world's people.
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Copyright � 2000 Panafrican News Agency. Distributed by
allAfrica.com. For information about the content or for
permission to redistribute, publish or use for broadcast,
contact the publisher.
------------------------------------------------------------
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