Foreign Investment in Sudan:
The Sudanese authorities are keen on encouraging investment by issuing guarantees and showing the privileges of investment, with the aim of attracting investors from around the world.
It has enacted many investment-related laws and concluded many agreements. The most important of all is the Promotion of Investment Law of 1999 which is considered the main basis for regulating investment in Sudan. The law stresses the importance of making all procedures easy and showing flexibility when handling investment and investor affairs, especially in the agricultural field. Furthermore, Sudan has signed many agreements such as:
- The Unified Agreement for the Investment of Arab Capital in 1980.
- Settlement of Investment Disputes between host countries and Arab investors in 1974.
- Settlement of Investment Disputes between host countries and foreign citizens in 1965.
- The General Agreement for Trade and Economy between member countries in the Islamic Conference Organization in 1977.
In addition, Sudan is a member in the Arab Investment and Export Credit Guarantee Corporation (DHAMAN) and in the international Investment Guarantee Corporation.