Prospects for Improved Egypt-Sudan Trade Ties

The Eshkeet crossing on the Egyptian-Sudanese border. Asharq Al-Awsat
The Eshkeet crossing on the Egyptian-Sudanese border. Asharq Al-Awsat
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Prospects for Improved Egypt-Sudan Trade Ties

The Eshkeet crossing on the Egyptian-Sudanese border. Asharq Al-Awsat
The Eshkeet crossing on the Egyptian-Sudanese border. Asharq Al-Awsat

Egypt and Sudan have concluded trade talks described as successful following months of chill in the economic relations of the two neighboring countries.

Sudanese Minister of Trade Hatim Al-Sir, who was in Egypt to attend a forum in the resort of Sharm el-Sheikh, met with his Egyptian counterpart Tareq Qabil in Cairo on Thursday.

The two ministers discussed ways to revive economic agreements between the two countries.

They agreed to hold technical meetings at the level of experts, followed by a joint ministerial committee meeting in order to announce a trade and economic deal that solves all pending issues.

Trade relations between the two countries suffered from a chill after Sudan’s ban last year of the import of Egyptian products. This prompted a similar move by Cairo which stopped the entry of several Sudanese products that used to reach the Egyptian market without permits and licenses.

Following Thursday’s talks with Qabil, Al-Sir said that the Sudanese leadership is keen on the reactivation of trade ties and the increase in trade volume with Egypt.

As for the Egyptian minister, he stressed Cairo’s keenness on activating and implementing agreements signed between the two countries.



US, Chinese Officials Start Geneva Talks on Easing Trade War

 US Secretary of the Treasury Scott Bessent, listens to the speeches, during a bilateral meeting between Switzerland and the United States, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP)
US Secretary of the Treasury Scott Bessent, listens to the speeches, during a bilateral meeting between Switzerland and the United States, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP)
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US, Chinese Officials Start Geneva Talks on Easing Trade War

 US Secretary of the Treasury Scott Bessent, listens to the speeches, during a bilateral meeting between Switzerland and the United States, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP)
US Secretary of the Treasury Scott Bessent, listens to the speeches, during a bilateral meeting between Switzerland and the United States, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP)

China's vice premier He Lipeng held talks with US Treasury Secretary Scott Bessent early on Saturday in Geneva in a tentative first step towards defusing a trade war that is disrupting the global economy, according to China's state-owned news agency and two people close to the talks.
Bessent and US Trade Representative Jamieson Greer were due to meet He in Geneva after weeks of growing tensions that have seen duties on goods imports between the world's two largest economies soar well beyond 100%.
The trade dispute, combined with US President Donald Trump's decision last month to impose duties on dozens of other countries, has disrupted supply chains, unsettled financial markets and stoked fears of a sharp global downturn.
US President Donald Trump said on Friday an 80% tariff on Chinese goods "seems right," suggesting for the first time a specific alternative to the 145% levies imposed on Chinese imports.
The location of the talks has been kept secret, although a witness saw over a dozen police cars outside a private residence in a leafy Geneva suburb.
Mercedes vans with tinted windows were seen leaving a Geneva hotel where the Chinese delegation was staying on the banks of Lake Geneva.
Earlier, a delegation of over a dozen US officials, including Bessent and Greer, were seen smiling and wearing red ties and American flags on their lapels as they left their hotel. Bessent declined to speak to reporters.