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Turkey signed a $100mn oil exploration deal with Sudan in Khartoum during Turkish agriculture and forestry minister Bekir Pakdemirli’s 9-11 September visit, reflecting the two countries’ growing ties in the increasingly contested region.
Though details are scant, the ministry says Turkish Petroleum Corporation (TPAO) will explore for oil in an “area” yet to be disclosed. In addition, Sudan has designated 780km² of land for Turkish agricultural companies to develop.
Trade between Turkey and Sudan was $480mn for 2017, down from 2016’s $510mn according to Turkish central bank data, reflecting the mammoth challenge the two countries face if they are to reach Turkish president Tayyip Erdogan’s long-term goal of hitting $10bn/year. A boost to this end came in February when a Turkish business association announced they had signed deals worth $1.2 bn in the country. (CONTINUED - 199 WORDS)