Monday, 23/9/2019 | 6:47 UTC+0
Libyan Newswire

SUDAN SECURES 2.0 BLN USD CREDIT FACILITY FROM TURKISH FIRM TO FACILITATE IMPORTS FROM TURKEY

Within the context of the outstanding economic relations between Sudan and Turkey, an agreement was signed Thursday with a Turkish company to provide banking facilities for the Sudan Central Bank to the tune of two billion US dollars to facilitate the import of petroleum products, wheat, as well as other agricultural inputs.

Central Bank Governor Hazim Abdul Gadir said in a media statement Thursday that the agreement comes within the context of the trade and economic co-operation between the Sudan and Turkey.

He said the agreement stipulates a two-year repayment form the date of provision of the funding.

It is to be recalled that the company has already started provision of gasoline and cooking gas, already two shipments of gasoline have been sent along with four shipments of cooking gas.

Source: NAM News Network

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