Sudan says China has waived $50m loan: What’s in it for Khartoum, Beijing?
- EXPLAINERChina and Sudan signed off on a waiver of $50m as Sudan’s military-led government seeks support amid Western sanctions.
- China has waived loans worth $50m that it had given to Sudan, the two countries said over the weekend.
- The agreement comes three years into a war between Sudan’s army and the Rapid Support Forces (RSF) that has shrunk the country’s economy by roughly 40 percent, according to the United Nations.
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- EXPLAINERChina and Sudan signed off on a waiver of $50m as Sudan’s military-led government seeks support amid Western sanctions.
- China has waived loans worth $50m that it had given to Sudan, the two countries said over the weekend.
- The agreement comes three years into a war between Sudan’s army and the Rapid Support Forces (RSF) that has shrunk the country’s economy by roughly 40 percent, according to the United Nations.
Sources: Al Jazeera