The food gap in the Arab world amounts to $60 billion

Khartoum—News Agencies
Dr. Mohammed bin Ibrahim Al-Tuwaijri, Assistant Secretary-General for Economic Affairs at the League of Arab States, revealed that the food gap in the Arab world is estimated at $60 billion, noting that Sudan will play an important role in bridging this gap.
Al-Tuwaijri explained, following two separate meetings in Khartoum—the first with Sudanese Finance Minister Badr al-Din Mahmoud and the second with the Sudanese Employers’ Union—that Sudan possesses the necessary resources to bridge the gap, represented by three commodities: sugar, grains, and the oil industry. He commended Sudan’s efforts to improve the investment climate and amend the investment law to provide guarantees for investors and remove all obstacles facing Arab capital.
He emphasized that the recent Arab Summit focused on activating Arab partnerships and that the meeting of the Arab League Economic Council in Khartoum aims to produce tangible results on the ground.
He noted that the participation of business leaders in the League’s delegation demonstrates credibility and seriousness, calling for further facilitation by Sudan to accelerate investment in the proposed projects.
He expressed his hope for a partnership with the Sudanese private sector and for working to exchange expertise and share experiences to achieve the desired goal.
For his part, the Sudanese minister reiterated his country’s welcome to Arab investors, affirming that all facilities would be provided to achieve Arab food security, and announced that Sudan is a free Arab zone open to all investors. During his meeting with Al-Tuwaijri, the minister expressed Sudan’s welcome of the proposal for the Joint Arab Stock Exchange presented by delegation member Dr. Safar Al-Harthi, Director General of the Joint Arab Stock Exchange, and his readiness to join it as a means of supporting development.