News

Monday, March 6, 2017

Sudan reinitiated its efforts to join the World Trade Organization on January 31, 2017. The WTO accession process is an integral part of the economic reforms in Sudan, which is receiving strong support from both executive and legislative branches of the government, as well as the private sector. Given the size of Sudan and its strategic location bordering seven countries, the country’s accession has broader implications to the Middle East and North Africa region.

In recent developments, Sudan concluded bilateral market access agreements with two WTO members and is holding renewed engagement with interested members, based on revised market access offers on goods and services. Sudan reaffirmed its commitment to bring its trade regime into conformity with WTO rules by taking the necessary legislative amendments and enactments for Sudanese laws and regulations to ensure their conformity with the WTO Agreement. We expect further developments and news in this area that should clarify the direct benefits of Sudan joining the WTO.

Should you have any questions, or require any additional information, please contact us at news@sabaip.com