Sudan, China Sign Protocol Cancelling Part of Sudan's Debt to China
The protocol immediately writes off four interest-free loans and supports banking settlement procedures, officials said.
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8 Articles
On the 28th (local time), China completely forgave four interest-free loans totaling 344.52 million yuan (approximately $50 million or 77.1 billion won) extended to Sudan. According to Sudan's state-run SUNA on the 29th, the two countries signed a new protocol at Port Sudan, Sudan's largest port, and announced that the debt would be canceled immediately. It was added that the China Development Bank would handle the settlement procedures for the …
Sudan, China Sign Protocol Cancelling Part of Sudan's Debt to China
Port Sudan, June 28, 2026 (SUNA) -- Sudan and China on Sunday signed a protocol under which the Chinese government agreed to cancel part of Sudan's debt, writing off four interest-free Chinese loans owed by the Sudanese government with a total value of 344.52 million Chinese yuan (Renminbi), equivalent to approximately US$50 million.
Sudan-China Relations: Unpacking the $50M Loan Waiver
Sudan has announced that China has waived a $50 million loan, sparking interest in the implications for both Khartoum and Beijing. The move is seen as a significant development in the relationship between the two nations. The specifics of the loan waiver and the motivations behind China's decision are now under scrutiny. The $50 million loan waiver by China raises questions about the broader economic and geopolitical dynamics at play. Sudan, whi…
China Cancels $50 Million of Sudan’s Debt as Economic Crisis Deepens – The North Africa Post
Sudan and China signed an agreement on Sunday, June 28, 2026, to cancel a portion of Khartoum’s bilateral debt in a move aimed at strengthening strategic cooperation as Sudan continues to grapple with a severe economic collapse driven by prolonged conflict. The agreement, announced by Sudan’s Finance ministry, covers the cancellation of four interest-free loans […]
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