{"id":8597,"date":"2022-01-26T15:52:52","date_gmt":"2022-01-26T15:52:52","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts"},"modified":"2022-01-26T17:20:45","modified_gmt":"2022-01-26T17:20:45","slug":"juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts","title":{"rendered":"Juba- Riyadh cooperation deal will boost economic recovery \u2013 economic experts"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Sudan. <\/strong><\/span><b>By William Madouk Garang<\/b><\/p>\n<p>Economic experts have welcomed the Cooperation Agreement aimed to boost economic and trade ties between the Republic of South Sudan and the Kingdom of Saudi Arabia saying the deal would grant the gulf country investment opportunities in Africa\u2019s oil-rich nation.<\/p>\n<p>The deal inked on Monday in Riyadh, the Saudi\u2019s capital, provided for knowledge exchange between the two sides, allows Saudi to invest in agriculture, oil, livestock, and fisheries which would generate millions of dollars.<\/p>\n<p>Experts now urged the government to promote peace and \u2018economic diplomacy\u2019 to woo more foreign investors in the country, build global ties and create more jobs for citizens.<\/p>\n<p>In an interview with Juba Monitor, the economist analyst, Dr. Abraham Maliet Mamer who is also an advisor in the office of Vice President for Economic Cluster, Dr. Wani Igga, said Saudi is one of the top oils producing countries with the latest technology, so deal with them would help the country to benefit from their experience.<\/p>\n<p>\u201cYes, we will definitely benefit from Saudi\u2019s knowledge in investment, the Saudi\u2019s capital from Saudis people who got money. We will also develop cooperation alongside Saudi\u2019s knowledge on the petroleum production, [and] in oil and gas industries Saudi are very much advancing,\u201d Dr. Mamer said.<\/p>\n<p>\u201cIn economic terms, yes, cooperation is needed; the cooperation is beneficial to the Republic of South Sudan. What I advise, is that it should not be signed the protocol and leave it there, it should be followed and implemented,\u201d he added.<\/p>\n<p>Dr. Mamer said in the areas of investment South Sudan should focus on promoting and commoditizing enormous unexploited resources such as agriculture, livestock and fisheries.<\/p>\n<p>Meanwhile, the Economic analyst, Reja Gladys Joseph who is also a lecturer at the University of Juba, faculty of economics welcomed the deal and encouraged the leadership to embark on food production.<\/p>\n<p>\u201cIt\u2019s really a good initiative for the nation to have external relation with develop country like Saudi Arabia that is a very good cooperation but we should think to focus on investment and this a gospel I always preach,\u201d Joseph said.<\/p>\n<p>\u201cIf you want to make money or want to be self-sustaining you not to focus on investment than add something little and rather than [South Sudan] depending on humanitarian aids which is not health economy,\u201d she added.<\/p>\n<p>Ms. Joseph cited that if the 5th Governor\u2019s Forum proposal on the economy could be adopted, it would help the nation overcome economic shocks and become independent in terms of producing its own food.<\/p>\n<p>She stressed that investing in eight national agricultural projects such as Aweil Rice Scheme, Mangala and Melut Sugar Schemes, Upper Talanga Tea project in Torit and cement industry would achieve economic strength than importing.<\/p>\n<p>\u201cThe outflow is really huge compared to the inflow, at least could we spend I could think of cement and even other like in agriculture sector cause now we almost import 90% of food items. So, let us think about producing our own food feeding our own citizens,\u201d she noted.<\/p>\n<p>Yesterday, the government of the Republic of South Sudan and the United Kingdom of Saudi Arabia had signed a 9 Articles Document also known as the \u2018General Cooperation Agreement\u2019 to strengthen economic ties.<\/p>\n<p>The agreement Minister of Foreign Affair &amp; International Cooperation, Mayiik Ayii Deng and his Saudi Counterpart signed focuses on areas of economic fields, such as Technology, Industrial, Petroleum, Minerals, Agriculture, livestock and Tourism among others.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/south-sudan\">South-Sudan<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Sudan. By William Madouk Garang Economic experts have welcomed the Cooperation Agreement aimed to boost economic and trade ties between the Republic of South Sudan and the Kingdom of Saudi Arabia saying the deal would grant the gulf country investment opportunities in Africa\u2019s oil-rich nation. The deal inked on Monday in Riyadh, the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":8596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[234,265,233],"class_list":["post-8597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","tag-africa-press","tag-africa-press-south-sudan","tag-south-sudan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Juba- Riyadh cooperation deal will boost economic recovery \u2013 economic experts - South Sudan<\/title>\n<meta name=\"description\" content=\"By William Madouk Garang Economic experts have welcomed the Cooperation Agreement aimed to boost economic and tr ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Juba- Riyadh cooperation deal will boost economic recovery \u2013 economic experts\" \/>\n<meta property=\"og:description\" content=\"By William Madouk Garang Economic experts have welcomed the Cooperation Agreement aimed to boost economic and tr ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts\" \/>\n<meta property=\"og:site_name\" content=\"South Sudan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-26T15:52:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-26T17:20:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2022\/01\/img-61f182d8218fb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"515\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Juba- Riyadh cooperation deal will boost economic recovery \u2013 economic experts\",\"datePublished\":\"2022-01-26T15:52:52+00:00\",\"dateModified\":\"2022-01-26T17:20:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts\"},\"wordCount\":597,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2022\/01\/img-61f182d8218fb.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Sudan\",\"South-Sudan\"],\"articleSection\":[\"all news\",\"files\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/juba-riyadh-cooperation-deal-will-boost-economic-recovery-economic-experts\",\"name\":\"Juba- Riyadh cooperation deal will boost economic recovery \u2013 economic experts - 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