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US & Western boycott: Negative effects on the overall economic situation in Sudan

The Global Relations Center has organized on Tuesday, 08/03/2016, its periodic forum presented by Professor Al Kindi Yusuf Mohamed Osman. Mr. Al Kindi talked about (US & Western boycott: Negative effects on the overall economic situation in the Sudan).
Mr. Al Kindi pointed that Sudan didn’t pay, previously any attention to the superpower states, despite the contributions made by the Sudanese army (Sudan Defense Force) at Karen in eastern Sudan during the World War as well as during the Mexican War. When Sudan gained its independence, it found that the United States has emerged as a superpower in the world and focused on Sudan which neighboring Egypt of Nasser, in addition to its important resources and River Nile.

In early eighties, relationships were getting worse after the issuance of the book in which Nimeiri stressed that Israel and the Soviet Union threatened greatly the Sudanese national security. Especially after the declaration of Islamic laws ( Shari’a).The US slowed down wheat shipments to Sudan, despite the famine and ended with the departure of the American oil companies from Sudan. Bosh Vice President visited Sudan and demanded the cancellation of the Islamic laws ( Shari’a) to return to normal relations. After the uprising, the relations were still cool until the year 1989, when the United States demanded that the wheat aid would continue against the government approval to give SPLM 25% of it, when the government refused, US imposed the boycott measures against Sudan, estimated by Mr. Al Kindi that it would be about $ 18 billion a year.
When expelled from dollar area, Sudan was affected by the halt of financial transactions with it, the confiscation of some Sudanese companies’ balances and by imposing fines on all Banks worked with Sudan.
Mr. Al Kindi pointed out that we must, necessarily integrate in the coming period with outside world, and normalize relations with the West to take advantage of the groups that can support Sudan. As well as attention must be paid to arrange home through dialogue, especially with the armed movements. We can also invite international companies to invest in Sudan and continue cooperation with Russia and China and to benefit from the Asian, African and Arab groups in global instances. America has always been interested in the Continental line carrier oil from the Red Sea to the coasts of the Atlantic, so it is important that the US oil companies reinvest in oil and mining. He also pointed to the importance of inviting the West to pay Naivasha dues such as demobilization and reintegration program, which requires $ 184 million in the year.
Mr. Al Kindi concluded his speech by pointing out the importance of studying the impacts of the economic boycott on Sudan.
Other speakers discussed many important issues:
•    US policy toward the issue of security and collective security as the biggest influential force in the world.
•    Estimating of the effects of the blockade that worth $ 18 billion a year is less than the reality.
•    The economic embargo, especially in banking transactions affects heavily on economic transactions. Despite the authorization granted to some firms but they cannot take advantage of that proportion due length of OFAC procedures.
•    The importance of the citizen's role in the economy and how to benefit of available resources and to get optimal use of them, also the importance of prioritization and adoption of clear applicable strategies.
•    To realize progress, Sudan must maintain good relations with the United States.
•    Because of restrictions on banking and finance, interest rate has risen to more than 18% so a lot of countries have been taking advantage of the embargo on Sudan, especially Bahrain, and some banks such as BCP Bank in Geneva.
•    The importance of benefiting from regional groups such as COMESA to find other alternatives.
•    Deaths of cancer cases had reached 65% because of the complete absence of any alternative to the US medical appliances.
•    The importance of collecting and studying the impact of coercive sanctions on Sudan, regarded as a case of breaching fundamental human rights.
 

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