Also read | U.S. allies welcome Israel-Sudan deal; Iran, Palestine cry foulOn the other hand, the factors that influenced the designation of Sudan as a sponsor of terrorism are relatively clear. Sudan is a rather different country now since the overthrow of the 30-year-long dictatorship of Omar Hassan al-Bashir in the popular uprising in 2019. The reintegration of Sudan into the global community via a renegotiation of its national debt and reopening of investment opportunities would be crucial ingredients for this overall endeavour. The country has suffered a crippling impact from the loss of vast oil reserves to South Sudan, which seceded in 2011. The deal struck with the United States will provide Sudan crucial access to global financial institutions, resume dollar-denominated transactions, and revive foreign investment after nearly three decades.

Source: The Hindu December 27, 2020 19:40 UTC