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France Offers Conference on Sudan's Debt if US Lifts Sanctions


French President Emmanuel Macron, right, poses with Sudan's Prime Minister Abdalla Hamdok ahead of a meeting at The Elysee Presidential Palace in Paris, Sept. 30, 2019.
French President Emmanuel Macron, right, poses with Sudan's Prime Minister Abdalla Hamdok ahead of a meeting at The Elysee Presidential Palace in Paris, Sept. 30, 2019.

France will host a conference with Sudan's international creditors to help Khartoum address debt issues as soon as the United States removes the country from its state-sponsored terrorism list, French President Emmanuel Macron said Monday.

In efforts to stabilize the country and to repair an economy battered by years of U.S. sanctions and government mismanagement during Omar al-Bashir's 30-year rule, Sudanese transition government led by Prime Minister Abdalla Hamdok is holding talks with Washington to see Sudan withdrawn from the list.

"As soon as the Americans make their decision, we will be able to restructure the debt together," Macron said at a joint press conference with Hamdok in Paris.

"I have decided that France will host an international conference with private and public international creditors," he added.

Macron provided no timeframe.

"The precise timing of the conference will depend on the timing upon which sanctions are to be lifted," Macron said.

On the sidelines of a United Nations General Assembly last week, Hamdok expressed hope Sudan would reach an agreement with the United States "very soon."

Sudan has been unable to tap the International Monetary Fund and World Bank for support because the United States still lists the country as a state sponsor of terrorism.

A senior U.S. official said in August that Washington would test the commitment of Sudan's new transitional government to human rights, freedom of speech and humanitarian access before it agrees to remove the country from a list of state sponsors of terrorism.

Macron said France had also planned for Hamdok to have a meeting in Paris on Sunday with one of Darfur's rebel leaders, Abdel Wahid el-Nur.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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