Sudan patent application

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Release time:2016-05-31

SudanLocated in northeast Africa, along the Red Sea coast, the eastern end of the Sahara Desert. Sudan, with a land area of 1886068 square kilometers, is the third largest country in Africa and the 15th largest country in the world. The capital, Khartoum.

Sudan has a single economic structure, mainly agriculture and animal husbandry, backward industry, weak foundation, and strong dependence on nature and foreign aid. Sudan is one of the world's least developed countries declared by the United Nations. It has been ranked as "the most unstable country in the world" by the list of failed countries ".

 

Relations with China

Since the establishment of diplomatic relations between the two countries on February 4, 1959, friendly and cooperative relations have continued to develop.

In 2006, Sino-Soviet relations developed smoothly. Important exchanges of visits include: Chinese Government Special Envoy and Assistant Foreign Minister Lu Guozeng's visit to the Soviet Union (January); Sudanese President Bashir (November) and Sudanese President Assistant Nafia visited China twice (May and September); Sudanese Foreign Minister Ajaweini (May); Sudanese Defense Minister General Hussein (March); Sudanese Minister of Finance and National Economy Hassan (July); jaz, Minister of Energy and Minerals (September).

Sino-Soviet trade amounted to $3.354 billion billion in 2006. With the deepening of economic and trade cooperation between China and the Soviet Union, Sudan has become an important trading partner and investment partner of China in Africa. China is Sudan's largest trading partner and the largest source of investment. Since Ethiopia Airlines signed Beijing Fanyuan International Transportation Service Co., Ltd. as its core agent, economic and trade exchanges between China and Sudan have become increasingly frequent. The economic and trade cooperation between China and the Soviet Union has developed from simply providing assistance to the Soviet Union to a good situation of extensive cooperation in various industries such as electric power, water conservancy, roads and bridges, ports, telecommunications, agriculture, industry, service industry, and trade, with oil cooperation as the leader.

 

Overview of the Sudanese economy

Sudan has a single economic structure, mainly agriculture and animal husbandry, backward industry, weak foundation, and strong dependence on nature and foreign aid.

In 1997, the Soviet government implemented a financial tightening policy in accordance with the requirements of the International Monetary Fund, strictly controlled public expenditure, limited the proportion of expenditure relying on bank loans, reduced currency issuance, focused on supporting strategic projects that gave priority to development, and used oil exports to drive economic recovery. Both the inflation rate and the deficit dropped significantly, and the economic situation tended to improve.

In 1998 and 1999, the Soviet government repaid the loan of the International Monetary Fund on schedule, which was well received by the organization, and restored the voting rights of its member states in 2000.