Sudan, Egypt, Libya Agree on Mining Cooperation

Sudan, Egypt and Libya have agreed to cooperate in the mineral resources sector, according to a report from China's Xinhua.

The agreement followed a meeting in Khartoum attended by the Sudanese Minerals Minister, Kamal Abdullatif; the Egyptian Minister of Petroleum and Mineral Resources, Osama Kamal; and the Libyan Minister of Industry, Suleiman Ali Al-Fitory [Sulaiman Ali Al-Lteef Al-Fituri] (pictured).

The meeting discussed the establishment of a joint mining fund to finance projects in Arab countries through the Arab League, and to study the better exploitation of  mineral resources.

Following the meeting, the Sudanese minerals minister told reporters that the three countries enjoy deeply-rooted ties and share natural geological similarities together with common interests, in addition to a sincere political willingness to enhance cooperation for the interests and welfare of the peoples of the region.

Libya's Suleiman Ali Al-Fitory reiterated his country's keenness to achieve cooperation between the three countries in the field of mineral wealth, stressing the importance of uniting the visions, setting a timeframe and following up what has been agreed upon by the three countries.

He called for detailed studies of the mineral resources and how to better exploit them, affirming the importance of exchanging information, setting up a mineral and investment map, forming joint teams to analyze the data, revising the laws concerned with the mineral resources and intensifying the joint meetings at the executive level.

(Source: Xinhua)

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