EFP requests State Bank Pakistan to allow banking with Sudan

ISLAMABAD: "With the removal of decades-old trade sanctions on Sudan by U.S. Government, Sudan has begun receiving foreign exchange inflows through foreign banks. However, State Bank of Pakistan has still not issued directives to allow Pakistani banks to conduct financial transactions with Sundanese counterparts”. This was stated by Employers’ Federation of Pakistan Vice President Zaki Ahmed Khan.

He further added that there is a huge demand for Pakistani sugar, textiles, pharmaceutical and other commodities in Sudan.

It is imperative that a clear-cut SBP directive is issued immediately. Pakistan cannot afford to miss this important Northern African country.

Zaki Ahmed Khan requested SBP Governor Tariq Bajwa to personally take cognisance of this and allow banks and exporters to take maximum advantage of the Sudanese market demand.