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Sudan, China sign Protocol Cancelling Part of Sudan's Debt to China
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. The protocol was signed on behalf of the Sudanese government by Finance Minister Dr. Gebreil Ibrahim, while China's Chargé d'Affaires to Sudan, Xu Jian, signed on behalf of the Chinese government. [...]