Abu Dhabi-UAE: The UAE and Saudi Arabia today confirmed that the third batch comprising 200,000 tonnes of wheat has been dispatched to Sudan, meeting the needs of the population for this strategic commodity.
In April 2019, the UAE and Saudi Arabia announced their commitment to providing 540,000 tonnes of wheat to enhance food security in Sudan. Last month, both countries shipped two batches of wheat totalling 140,000 tonnes.
Speaking on the occasion, His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), said: “The food aid is a result of the wise guidance of the leaderships of the UAE and Saudi Arabia to ensure the provision of food supply to the Sudanese people. The aid package reflects the brotherly ties that unite the two countries with Sudan.”
He added that the UAE and Saudi Arabia are committed to supplying 540,000 tonnes of wheat to the Sudanese people, pointing out that the third shipment will cover Sudan’s wheat consumption needs for over three months and contribute to achieving economic stability – one of the priorities of the Sudanese government.
As announced in April 2019, the food shipment falls within the framework of the US$3 billion (AED11 billion) Saudi Arabia-UAE joint aid package aimed at supporting Sudan’s economic and financial stability.
As part of the package, Saudi Arabia and the UAE deposited US$500 million into the Central Bank of Sudan (CBOS), evenly split between the two countries, to strengthen the Bank’s financial position. The remainder of the aid package has been allocated to meet the urgent needs of the Sudanese population for food, medicine, petroleum derivatives, and seasonal agricultural supplies.
© Press Release 2019Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
