ABSTRACT
Successful growth and prosperity of the Sudanese economy depends on favourable external economic and financial relationships. Government policy continues to be a prime moving force where development and improvement of favourable trading and financing relationships are concerned. The government has proven itself to be flexible and able to adopt new priorities given changes in world economic conditions and opportunities. The Bank of Sudan operates a relatively thorough exchange control system. The exchange control system in the Sudan is designed to accomplish several government policy objectives. Sudan's exports are dominated by products of agriculture, and cattle and meat products. Transactions with countries with which the Sudan has concluded bilateral payments agreements are settled through the relevant bilateral account in Sudanese pounds or pounds sterling. The chapter focuses on policy aspects of foreign trade and investment. Foreign investment policies are viewed in connection with measures designed to attract foreign capital, including revision of the investment incentive laws.
