Banking System in Sudan will be connected with the world after improvement in US-Sudan relations, Experts

Mekki Elmoghrabi
By Mekki Center October 20, 2020

General_Africa

In Sudan now there is a situation of “cautious optimism” after Trump’s tweet that he will issue an executive order to lift Sudan from the list of states sponsoring terrorism, “Sudan will pay compensation to the families of the victims, and this is good news.”, Trump said

Experts say that the completion of the process of lifting Sudan from “terrorism list” will revive the Sudanese economy because the banking system is almost closed regarding international commercial transfer due to US sanctions.

Sudanese are still cautiously dealing with American promises. Sudanese journalist, specialist in African economics, Mekki ELMOGRABI said this caution is very natural because of long years of misunderstanding.

“It is better to hold the elections on scheduled dates because there is a law passed by the US Congress in March 2020 contains a complete chapter on sanctions if elections delayed. Amendment of the constitutional document due to the peace agreement is necessary, but prolonging the transitional period could be a problem”, Mekki ELMOGRABI added.

Mekki Elmoghrabi
By Mekki Center October 20, 2020