Sudan Terminates $6 Billion Port Deal with UAE Amid Rising Tensions

Sudan has canceled its $6 billion port deal with the UAE, as announced by Finance Minister Jibreel Ibrahim, due to allegations concerning the UAE’s support for paramilitary forces opposing the Sudanese Armed Forces. The project was set to enhance the country’s economic infrastructure but is now part of a broader strategy to protect national interests. The World Bank is expected to provide $300 million in aid by June 2025.

The government of Sudan has officially terminated its agreement with the United Arab Emirates (UAE) regarding the construction of a new port along the Red Sea coast. This announcement was made by Finance Minister Jibreel Ibrahim, who expressed the government’s steadfast intention not to concede any territory on the Red Sea coast, attributing this decision to ongoing tensions with the UAE, particularly concerning their alleged support for the paramilitary Rapid Support Forces in the conflict against the Sudanese Armed Forces. The terminated deal, initially valued at $6 billion, was established in December 2022 with a consortium that included the UAE’s AD Ports Group and Invictus Investment, led by prominent Sudanese businessman Osama Daoud Abdellatif. The proposed Abu Amama port, located 200 kilometers north of Port Sudan, was intended to feature various infrastructures including an industrial zone, an international airport, an agricultural area, and a substantial financial deposit to the Sudan Central Bank. In light of the ongoing financial and humanitarian crisis in Sudan, Minister Ibrahim also indicated that the World Bank anticipates providing a grant of $300 million to Sudan prior to June 2025, which aims to alleviate some of the economic pressures facing the country.

Sudan is facing significant challenges, including internal conflict and economic instability. The government’s cancellation of the port deal with the UAE reflects its concern over foreign influence amid ongoing military conflicts. The proposed port project was envisioned to enhance economic growth through a strategic coastal development that would benefit both Sudan and foreign investors. However, recent tensions with the UAE over its alleged backing of opposing forces have led to this pivotal decision.

In conclusion, the cancellation of the port agreement with the UAE signifies a critical shift in Sudan’s foreign policy and its approach to national sovereignty. This action illustrates the country’s determination to prioritize its territorial integrity amidst internal conflicts. Furthermore, the prospective World Bank grant presents a potential avenue for economic support, crucial for Sudan’s recovery and stability in the coming months.

Original Source: www.altaghyeer.info