German Ambassador to South Sudan, Christian Sedat met with South Sudan’s Minister of Finance and Planning, Dr. Marial Dongrin Ater, to discuss the current economic and financial situation in South Sudan.
Ambassador Sedat emphasized the importance of transparency in managing South Sudan’s natural resources for sustainable economic development.
“We had a productive discussion about the economic and financial challenges facing South Sudan,” Ambassador Sedat said. “I reiterated the call made by German Foreign Minister Annalena Baerbock during her visit to Juba in January: taking more steps in the field of transparency regarding revenue from oil, gold, and other resources is crucial. South Sudan acknowledged the importance of transparency in Chapter 4 of the Revitalized Peace Agreement and committed to joining the Extractive Industries Transparency Initiative (EITI), a widely-used standard for good governance in the extractives sector adopted by other countries in the region. The German Embassy stands ready to support the process of South Sudan joining this Initiative which would be for the benefit of the people of South Sudan and would also encourage investment from German companies.”
The Ambassador reaffirmed Germany’s continued commitment to the people of South Sudan, highlighting its position as the second-largest bilateral donor.
