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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (2327)	4/26/2001 9:58:43 PM
From: Tomas	Read Replies (1) \| Respond to of 2742

French eye investment in Sudan, dismiss US criticism By Mohamed Ali Saeed KHARTOUM, April 26 (AFP) -- French businessmen said here Thursday that Sudan offered great prospects for investment in oil, agriculture and other areas, saying they did not embrace the US stand that Sudan supports "terrorism." The 15-man delegation from MEDEF, which represents France's entire business community, was visiting Sudan because of "the great agricultural potential and discovered oil," MEDEF Managing Director Thierry Courtaigne said. Executives for some 10 French firms working in Sudan have reported back home that they are happy, Courtaigne told AFP. "I would not have come here five years ago because (economic) indicators were not good, and now the indicators have become better and this is a good sign," he said. He said that business leaders wanted "political stability and a vision for the future," suggesting an improvement on that front. But he complained of a lack of finance and a slow bureaucracy. He said he understood that Sudan was trying to normalize relations with international financing institutions, which he added would help boost infrastructure projects. He said MEDEF was willing to help in financing projects and that it would discuss this with Sudanese officials.