COMMERCE OFFICIALS DISCUSE INVESTMENT LAW

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Commerce and Industry officials are discussing trade and investment polices in order to prepare a legal framework to guide business operators in South Sudan.

Undersecretary Chuor Deng Mareng told SCR News that GoSS and state officials are attending the two-day workshop to prepare a final draft with trade and investment polices.

Mr. Deng said that the draft would become law after the South Sudan Assembly approved it.

Mr. Deng explained that the law was necessary to guide investors and markets.

He added that south Sudan was opened to investors and urged them to put more money in key production areas.

Mr. Deng assured investors of improved power supply, roads, security and good governance.

Lawlessness was responsible for sale of sub-standard goods, illegal acts and lack of trust in the businesses operating in south Sudan.

The government of south Sudan is preparing the investment law to create a better environment for domestic and foreign traders to bring about economic growth and development.