RealNews

Sudan's gov't and main rebel group sign key wealth-sharing deal

Sudan’s government and main southern rebel movement signed an agreement on sharing the oil-rich country’s wealth, a key component of efforts to end 20 years of civil war. The accord, signed Wednesday in the Kenyan town of Naivasha, provides for an approximate 50-50 split of revenue from the country’s 300,000 daily barrels of oil and other income between the government and an envisaged autonomous administration in the south to be run by the political wing of the rebel Sudan People’s Liberation Army (SPLA). The deal is due to come into effect once a comprehensive peace accord is signed and to remain in force during an envisaged six-year interim period when southern Sudan will enjoy autonomy from the national government before holding a referendum on its future. Full Story

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