{"id":42891,"date":"2012-10-17T07:00:00","date_gmt":"2012-10-17T09:00:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/financing-is-a-challenge-for-sudan\/"},"modified":"2019-06-30T12:10:26","modified_gmt":"2019-06-30T15:10:26","slug":"financing-is-a-challenge-for-sudan","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/financing-is-a-challenge-for-sudan\/","title":{"rendered":"Financing is a challenge for Sudan"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 The Sudanese ambassador to Bras\u00edlia, Abd Elghani Awad Elkarim, met this Tuesday (16th) with Brazilian agricultural machinery companies which invest or intend to invest in Sudan, and recognized that a key challenge to the country\u2019s development is obtaining funding. He said, however, that the Sudanese government is negotiating with Arab nations from the Gulf to release lines of credit to build ethanol and sugar plants and to finance imports. <\/p>\n<p> According to Elkarim, Sudan is an attractive market to Brazilian agricultural implements because it is growing and bears many similarities with Brazil. \u201cThe two nations have lands for farming, and Brazil has excellence in agriculture development. That can be taken over to Sudan,\u201d said the ambassador during the meeting held at the offices of the <b>Arab Brazilian Chamber of Commerce<\/b>, in S\u00e3o Paulo.<\/p>\n<p> The ambassador stated that the Sudanese are investing in boosting agricultural productivity to generate income and ensure food security to its population.<\/p>\n<p> <!--%IMGNOT1%-->The country\u2019s government and companies, however, have trouble implementing projects because of economic embargoes still imposed on Sudan. He said, however, that there is a possibility of obtaining credit from banks in Saudi Arabia, the United Arab Emirates and Kuwait.<\/p>\n<p> <b>Opportunities <\/b><\/p>\n<p> Euripes Soares J\u00fanior, the export analyst at Baldan, a company which exports machinery to Sudan, said the meeting with the Sudanese ambassador has helped enterprises which operate in the country or wish to export to it to become more aware of local demands.<\/p>\n<p> Soares J\u00fanior said the similarity with Brazil in weather and nature helps business. \u201cTheir agriculture is similar to ours and that is good because our products do not require major modifications to serve their market. But funding really is a difficulty,\u201d he said. <\/p>\n<p> Weliton Coelho, a representative of Jumil, which manufactures planters, fertilizer fertilizer sprayers and cutters, among other products, said there are farmers in Sudan who wish to invest in new products and technology, but the lack of lines of credit often hampers business. <\/p>\n<p> <b>*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ambassador to Bras\u00edlia met with agricultural machinery companies at the Arab Brazilian Chamber and said his country holds opportunities. The Sudanese are negotiating credit with Gulf banks.<\/p>\n","protected":false},"author":2317,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[107],"tags":[],"class_list":{"0":"post-42891","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business-opportunities"},"wps_subtitle":"Ambassador to Bras\u00edlia met with agricultural machinery companies at the Arab Brazilian Chamber and said his country holds opportunities. The Sudanese are negotiating credit with Gulf banks.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/42891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2317"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=42891"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/42891\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=42891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=42891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=42891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}