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Reuters
Reuters
Politics

Sudan seeks foreign partners to develop resources industry post sanctions

MELBOURNE (Reuters) - Sudan is seeking international partners to help develop its mining industry as it prepares for an economic upswing following the lifting of sanctions by the United States, the country's mining minister said on Tuesday.

"As Sudan prepares for the post-sanctions era... we are looking for our economy to upsurge again," Hashim Salim, minister of Sudan's Ministry of Minerals, told a mining conference in Melbourne.

"We seek the support of advanced companies to provide us with required technology in order to... exploit our resources to combat poverty and create more jobs."

Sudan's government and its businesses have begun introducing financial reforms and lobbying for new investment to revive the economy after Washington lifted 20-year-old trade sanctions earlier this month.

As well as petroleum and natural gas, Sudan has gold, copper, manganese, zinc, cobalt, nickel and tin among other minerals, according to a research from the United Nations Conference on Trade and Development (UNCTAD).

(Reporting by Melanie Burton; Editing by Subhranshu Sahu)

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