Sudan, S.Sudan reach oil deal, will hold border talks
* Two sides still have to agree where border lies
* Each side accuses other of backing rebel groups
* Juba gives details of oil agreement
By Aaron Maasho
ADDIS ABABA, Aug 4 (Reuters) – Sudan said on Saturday it had
reached a deal with South Sudan on oil transit fees, a first
step towards ending a dispute which had brought the hostile
neighbours close to war, but also said it wanted a border
security agreement before oil flows resumed.
The shareout of oil revenues was one of the biggest issues
left unresolved when South Sudan became independent in July last
year, under a 2005 agreement that ended decades of civil war,
and fighting along the ill-defined border pushed them close to
war in April.
U.S. Secretary of State Hillary Clinton said the oil
agreement showed a “new spirit of compromise on both sides,” and
U.S. President Barack Obama said Sudan and South Sudan should
build on the momentum to resolve their remaining border and
security issues.
“This agreement opens the door to a future of greater
prosperity for the people of both
Read more: http://www.reuters.com/article/2012/08/04/sudan-southsudan-idUSL6E8J44JC20120804
Category: South Sudan News
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