KHARTOUM – Sudanese and Pakistani business groups have signed a two-year cooperation agreement aimed at expanding trade, investment and private-sector ties between the two countries, with support from the United Nations Development Programme.
The memorandum of understanding was signed on Nov. 4 by Muawiya Mohamed Ahmed Al-Birair, president of the Sudanese Businessmen and Employers Federation, and Atif Ikram Sheikh, president of the Federation of Pakistan Chambers of Commerce and Industry.
The agreement provides for exchanging economic and market information, organizing business delegations and trade events, and connecting companies and investors seeking opportunities in both countries.
It also covers joint exhibitions and business forums, training and capacity-building programmes, access to information on commercial and investment regulations, and cooperation on commercial dispute resolution, mediation and arbitration.
The memorandum will remain in force for two years and will automatically renew for another two unless either side gives notice of termination at least three months before it expires.
UNDP said the partnership emerged from efforts to connect Sudanese businesses with international partners following a private-sector recovery dialogue held in Khartoum in September.
The agency described the meeting as the largest gathering of Sudanese business, financial, government and development representatives since the war began in April 2023.
UNDP Deputy Resident Representative Surayo Buzurukova said stronger cross-border private-sector partnerships could help Sudanese companies gain access to new markets, expertise and investment while supporting employment and income generation.
Sudan’s private sector has faced extensive disruption during the war, including damage to businesses and infrastructure, disrupted supply chains and reduced access to finance and markets.
