South Sudan and Russia have signed a landmark agreement aimed at strengthening bilateral trade, economic ties and cooperation in key sectors. The agreement was signed by South Sudan's Caretaker Minister of Petroleum, Awow Daniel Chuang, and Russia's Minister of Economic Development, Maxim Reshetnikov. The deal provides for the establishment of a Joint Intergovernmental Russian-South Sudanese Commission on Trade, Economic, Scientific and Technical Cooperation. The commission is expected to provide an institutional framework for coordinating joint initiatives, identifying investment opportunities and advancing economic projects in South Sudan. The initiative is expected to elevate bilateral relations to a new level while creating opportunities for cooperation in priority sectors of the South Sudanese economy.
