The Khartoum International Fair reaches its 37th edition in 2020. The event organizers expect to receive over 400,000 visitors from 20 countries from 20 to 27 January. The keyword of the fair is business promotion.
This year’s edition should also receive a delegation of Brazilian businessmen. They will attend a space within the fair to discuss the possibility of partnerships between Brazil and Sudan. The delegation is organized by the embassies of both countries, AfroChamber (Afro-Brazilian Chamber of Commerce) and other chambers of commerce. Brazilian companies have already exhibited their products at the fair in their previous editions.
“Brazil and Sudan have many elements in common: creative, young and well-informed population. These are countries with large natural resources and positive future prospects, ”says Patrícia Lima, Brazil’s ambassador to Khartoum.
The ambassador also states that the Embassy has worked hard to encourage the partnership between Brazil and Sudan. “I believe we have all the elements to form a chain of business and opportunity between the two countries.”
+ Trade between Brazil and Sudan reached only $ 12.67 million between January and November 2019, according to data from the Brazilian government. Brazil exports semi-invoiced products to the African country and imports seeds and fruits.
A delicate economic conjuncture
In a report released on December 23, the International Monetary Fund (IMF) revealed that the country’s economic conditions remain challenging due to persistent fiscal deficits, high inflation and low access to finance.
An IMF team visited Khartoum from December 4 to 17 and found that the country’s limited access to external financing continues to constrain the economy. Overdue accounts block funding from international donors, while prospects for large external funding from bilateral donors remain uncertain.
(We made a mistake: ATLANTICO was wrong to bring incorrect data on the trade balance between Brazil and Sudan and the current economic situation in the country. The correction was made at 00h09.)