JUBA, Oct. 15 (Xinhua) -- South Sudan on Monday opened its second edition of the Made-in-South Sudan Exhibition aimed at promoting locally-made products and open up the country's investment opportunities.
Paul Mayom Akech, Minister of Trade, Industry and East African Community Affairs said this year's event focuses on exposing the country's agriculture and manufacturing potentials in a bid to reduce dependence on imports.
Akech said the government seeks to boost South Sudan's manufacturing sector through enacting laws to safeguard investors and the local consumers.
"Our immediate task is to enhance policies that will safeguard the producer and the consumer. Engage with financial institutions to provide resources to this local business groups, find them market outside South Sudan and make conditions of export easier for them," Aketch said.
The event which brought together over 50 exhibitors is supported by the United Nations Development Program (UNDP) and it will run until Oct. 20.
Participants are drawn from sectors such as agriculture, construction, cosmetics, beverages, electronics, textiles, banking and insurance among others.
South Sudan depends on oil revenue for over 90 percent of its budget, but production reduced significantly due to civil war that erupted in December 2013, causing most oilfields in the country's oil-rich northern region to shut down.
The east African nation is currently struggling with hyper inflation amid shortage of foreign reserves to support its import-dependent economy.
Newer articles:
- South Sudan’s 2019 Afcon qualifying chances come crashing down - 16/10/2018 12:34
- Opposition rep urges support for South Sudan peace agreement - 16/10/2018 10:51
- South Sudan's participation in China's expo offers great opportunities: official - 16/10/2018 05:46
- UN, S. Sudan hail Zimbabwe peacekeeping efforts - 15/10/2018 19:56
- South Africa says to support South Sudan's peace deal implementation - 15/10/2018 16:29
Older news items
- Impunity Must End in South Sudan as Report Shows Children Suffering Persistent Grave Violations - 15/10/2018 09:12
- South Africa envoy to meet South Sudan peace guarantors - 15/10/2018 09:05
- South Sudan Food Security Crisis - Awerial County - Food Security and Livelihoods, Lakes State, South Sudan, July 2018 - 15/10/2018 04:29
- The bishops of South Sudan in the largest refugee camp in the world - 15/10/2018 04:21
- South Sudan's runner dreams of putting his country on the map - 15/10/2018 01:44
Latest news items (all categories):
- The SPLM ruling party is facing a dilemma and Thucydides trap at a pivotal moment - 24/08/2026 14:06
- Shanghai Cooperation Organization (SCO) countries are making green development an engine of growth - 24/08/2026 13:36
- President Salva Kiir in Pretoria Seeking Support Ahead of South Sudan’s December Elections - 24/08/2026 12:48
- Tambura’s fragile path from conflict to recovery - 24/08/2026 12:45
- South Sudan’s Yei Joint Stars advance to semi final stage of Zonal qualifiers - 24/08/2026 12:43
Random articles (all categories):
- South Sudan rebels threaten to stall peace talks - 10/02/2014 18:52
- Savannah to spend $1.25bn on Petronas assets in South Sudan - 12/12/2022 05:35
- Liberia National Police (LNP) Sends Second Batch of Officers on UN Mission in South Sudan - 14/11/2021 06:31
- Oil revenues fall, South Sudan faces budget crunch - 23/02/2009 07:28
- Sudan military leader fires six diplomats who criticised coup - 28/10/2021 03:20
Popular articles:
- Who is the darkest person in the world, according to Guinness World Record? - 25/10/2022 02:34 - Read 148821 times
- School exam results in South Sudan show decline - 01/04/2012 17:58 - Read 27986 times
- Top 10 weakest currency exchange rates in Africa in 2023 - 19/07/2023 00:24 - Read 25079 times
- No oil in troubled waters - 25/03/2014 15:02 - Read 24389 times
- NDSU student from South Sudan receives scholarship - In-Forum - 29/09/2012 01:44 - Read 22334 times
