Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

EU warns against ethnic civil war in South Sudan  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 15/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Kuwait News Agency (KUNA)) Only three years after it gained independence from Sudan in July, 2011, South Sudan is on the brink of a full-blown civil war, EU officials warned Wednesday.

"Famine and the prospects of a major humanitarian disaster are looming," Alexander Rondos, EU Special Representative for the Horn of Africa who has just returned from the region, told a news conference here this afternoon.

He stated that beyond the suffering of the South Sudanese people, this crisis risks affecting a much wider region that is already prone to instability, Sudan, Central African Republic, Democratic Republic of Congo, Horn of Africa region. Rondos noted that last Friday South Sudan President President Salva Kiir and opposition leader Riek Machar signed an agreement in Addis Ababa to respect the previously-agreed ceasefire and begin political negotiations for a national unity government.

He said the two South Sudanese leaders committed themselves to two basic objectives, one to cease hostilities immediately and secondly to move on with the political future of the country. They agreed that a national unity government should be formed in South Sudan at some stage but no deadline has been set for that. The EU official noted that there are other parties ao which have to be involved in the negotiations.


The EU welcomes the rapid deployment of a regional force, under a UN mandate, to monitor the ceasefire agreement, he said. Rondos said that the EU is considering sanction against individuals in South Sudan who are obstructing the political process. However, he did not clarify when and against whom the sanctions will be imposed.

Analysts point out that the EU has invested heavily in South Sudan as the country has the third-largest oil reserves in Sub-Saharan Africa. In 2011 and 2013, the EU adopted a number of projects worth 270 million euro in the sectors of agriculture, education, health.

Speaking at the same press conference, Jean-Louis De Brower, a senior European Commission official, said South Sudan has 1 million internally displaced persons and 2.2 million have sought refuge in neighbouring countries.

The EU has so far provided more than 176 million euro in humanitarian assistance to South Sudan in 2014, he noted.

Marcus Cornaoro, Deputy Director-General of the Directorate-General for Development and Cooperation of the European Commission (EuropeAid), said South Sudan is facing a "rapidly deteriorating situation," adding that the EU is holding funding for the government due to the crisis.

 


Kuwait News Agency (KUNA)




  MENA News Headlines
 Aug 28 2016 - Gulf businesses must gear up for VAT regimeMENAFN
(MENAFN) Businesses in the UAE need to gear up for the value added tax (VAT) regime and the regulatory framework for the system ought to be prepared now, said Nimish Makvana, chairman of the ...

 Aug 28 2016 - VAT set to be a stable revenue source in GulfMENAFN
(MENAFN)Value added tax (VAT) will be a stable source of revenue for governments in Gulf countries with a minimum impact on the common man's life, said an industry specialist.The UAE along with other ...

 Aug 28 2016 - Dubai Customs seeks 6% growth in transactions inQ2MENAFN
(MENAFN) Dubai Customs' investments in state-of-the-art technology is bearing fruit as it recorded a notable increase in the number of transactions during the first half of this year, helping its ...

 Aug 28 2016 - Net Global Reserves grow by 18.4pct in MoroccoMENAFN
(MENAFN) Morocco net international reserves reached to MAD245.8bn until August this year, posting 18.4 percent grow on an annual basis.However, the reserves registered a 0.2 percent weekly drop, ...

 Aug 28 2016 - Drop in Kuwait rents of apartments by KD60MENAFN
(MENAFN) A decline in the rents of investment apartments by almost KD60 was viewed in the last two months, after the issuance of governmental decisions that affect renters.Moreover, in areas like ...

 Aug 28 2016 - Egypt mobile, internet subscribers grow by 0.16pctMENAFN
(MENAFN) The number of mobile services subscribers increased by 0.16 percent amid May as compared to April, while the number of mobile subscribers grew to 95.45mn.On the other hand, internet users ...

 Aug 28 2016 - Egypt Natural Gas project will expand to reach 20 governoratesMENAFN
(MENAFN) Minister of Intl" Cooperation reached a deal with the World Bank in order to increase the number of governorate involved in the Natural Gas Supply Project to 20.Accordingly, the gas supply ...

 Aug 28 2016 - Oman budget deficit posts USD9bn in H1 MENAFN
(MENAFN) Oman recorded a budget deficit of USD9.1bn in the first half of the current year, compared with a deficit of RO1.92bn a year earlier.Additionally, the government original 2016 budget plan ...

 Aug 28 2016 - Saudi Arabia to issue USD10b worth of bondsMENAFN
(MENAFN) Saudi Arabia aims to issue at least USD10bn worth of bonds in Oct in its first global bond sale.Additionally, the kingdom low debt to GDP ratio offers it with full room to enhance its bond ...

 Aug 28 2016 - US to focus on Saudi trade chances toward Vision 2030MENAFN
(MENAFN) Americans and U.S businesses will play a major role in Saudi Arabia progress toward Vision 2030 and Saudi economy.Moreover, the Saudi ambassador discussed the many ways that the ...

more...


 





Google

Easy Forex
 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help