The First National Trade Forum in South Sudan: A Step Towards Economic Recovery
Introduction
President Salva Kiir has endorsed the 17 recommendations adopted at South Sudan’s First National Trade Forum ended in Juba last month. The forum came out with several resolutions, including connecting affordable and consistent electricity across the country, removal of illegal checkpoints, and initiation of legal system reforms to support businesses, and better loan accessibility for locals.
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The forum, organized by the Ministry of Trade and Industry, focused on fostering economic growth, attracting investment, and improving South Sudan’s business environment. The goal was to create a more conducive environment for businesses to thrive and contribute to the country’s overall economic development.
President Kiir’s Commitment
In his remarks after receiving the document from Minister Atong Kuol Manyang, President Kiir acknowledged the concerns and assured the business community of the government’s commitment to supporting reforms that reduce trade barriers, stabilize markets, and restore investor confidence. He emphasized the importance of empowering local traders and urged the Ministry to prioritize policies that benefit the broader population and stimulate economic growth.
National Trade Forum Launch
On 24 April 2025, South Sudan launched its first National Trade Forum, convening investors from the private and public sectors to brainstorm ways to address the country’s persistent economic challenges. The two-day event held under the theme Understanding Private Sector Challenges and Solutions on Matters that Affect the Business Environment for Sustainable Consultation.
Key Challenges Identified
During her opening remarks at the forum, Minister Atong identified weak information technology, inadequate infrastructure, and ongoing conflict as key drivers of economic instability in the East African nation. She also highlighted illegal taxes and excessive roadblocks as key issues undermining economic stability. These barriers have been causing traders to raise commodity prices to offset their losses, further reducing the purchasing power of ordinary citizens.
Conclusion
The First National Trade Forum in South Sudan marks a significant step towards economic recovery and growth in the country. By addressing key challenges, fostering investment, and implementing reforms to support businesses, the government is paving the way for a more prosperous future for all South Sudanese. With a commitment to empowering local traders and prioritizing policies that benefit the broader population, the forum sets a positive tone for the country’s economic development.
