Sudan Govt Reverses Decision to Raise Price of Cooking Gas

Protesters hold flags and chant slogans as they march against the Sudanese military's recent seizure of power and ousting of the civilian government, in the streets of the capital Khartoum, Sudan October 30, 2021. (Reuters)
Protesters hold flags and chant slogans as they march against the Sudanese military's recent seizure of power and ousting of the civilian government, in the streets of the capital Khartoum, Sudan October 30, 2021. (Reuters)
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Sudan Govt Reverses Decision to Raise Price of Cooking Gas

Protesters hold flags and chant slogans as they march against the Sudanese military's recent seizure of power and ousting of the civilian government, in the streets of the capital Khartoum, Sudan October 30, 2021. (Reuters)
Protesters hold flags and chant slogans as they march against the Sudanese military's recent seizure of power and ousting of the civilian government, in the streets of the capital Khartoum, Sudan October 30, 2021. (Reuters)

The Sudanese government reversed on Sunday a decision to raise the price of cooking gas only a few hours after announcing the hike.

In a statement reported by Sudan’s official news agency SUNA, the Ministry of Energy and Oil announced a new rise in cooking gas prices for the second time this month.

However, it announced it was reversing the decision later that day, in line with directives issued by the Transitional Sovereign Council and the Finance Ministry.

The transitional government had launched in 2020 tough economic reforms backed by the World Bank.

They include lifting subsidies on fuel, canceling the customs dollar exchange rate and increasing the cost of electricity, but it kept a reasonable gas subsidy, Sudan Tribune reported.

Regular protests have rocked the northeast African country since army chief Abdel Fattah al-Burhan led a military takeover in October, sparking international condemnation.

The move derailed a transition painstakingly negotiated between military and civilian leaders following the 2019 ouster of president Omar al-Bashir.



Report: EU to Vote on Oct 4 to Finalize Tariffs for China-made EVs

A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
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Report: EU to Vote on Oct 4 to Finalize Tariffs for China-made EVs

A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)

The European Union is planning to vote on whether to introduce tariffs as high as 45% on imported electric vehicles made in China on Oct. 4, Bloomberg News reported on Saturday, citing people familiar with the matter.
Member states have received a draft of the regulation for the proposed measures, the report said, adding that the new date could still change.
According to the report, the vote among the bloc's member states was slightly delayed amid last-minute negotiations with Beijing to try to find a resolution that would avoid the new levies.
The European Commission did not immediately respond to a Reuters request for comment.
The European Commission is on the verge of proposing final tariffs of up to 35.3% on EVs built in China, on top of the EU's standard 10% car import duty.
The proposed final duties will be subject to a vote by the EU's 27 members. They will be implemented by the end of October unless a qualified majority of 15 EU members representing 65% of the EU population votes against the levies.