March 14, South Sudan and Egypt have inked five different agreements that seek to strengthen bilateral relations between them, and provide the latter investment opportunities in the new nation.
The five Memoranda of Understandings (MoUs) were signed Thursday during a meeting between the Egyptian Prime Minister, Hisham Qandil and South Sudan’s Vice-President, Riek Machar in the capital, Juba.
Agriculture, health, animal resources and fisheries were some of the key sectors that the agreements covered.
The Egyptian PM, accompanied by a large delegation of investors, pledged strong commitment to the existing bilateral relations between the Arab nation and South Sudan. (...)
Also discussed, was the prospect of Egypt’s involvement in to the country’s private section, an area with huge potential, but largely undeveloped.
The Arab Republic of Egypt was one of the first countries in the region to recognise the independence of South Sudan in July 2011, which resulted from the outcome of the referendum on self-determination, held six months earlier.