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CAIRO (Multibagger) - Rival Sudanese political factions formally attended reconciliation talks in Cairo on Saturday, the first since a conflict in the country began almost 15 months ago, but admitted there was little prospect of quickly ending the war.
During the conference, the Democratic Bloc, aligned with the army, refused to hold joint sessions with the Taqaddum faction, accusing them of sympathizing with the Rapid Support Forces (RSF). The war in Sudan, which erupted in April 2023, has forced almost 10 million people from their homes, sparked warnings of famine, and waves of ethnically-driven violence blamed largely on the RSF.
The force this week swept through the state of Sennar, causing new displacement. In response, army head General Abdel Fattah al-Burhan said the army would not negotiate with the RSF or its supporters.
"The stark deterioration in the humanitarian situation and the catastrophic consequences of this crisis call on all of us to work immediately and sustainably to stop military operations," said newly-appointed Egyptian Foreign Minister Badr Abdelatty.
Analysis: The ongoing conflict in Sudan has far-reaching implications for the region and global stability. Investors should monitor the situation closely as it can impact market volatility and geopolitical risks. Understanding the dynamics of the political factions and their alliances is crucial for assessing the potential outcomes of the reconciliation talks and their impact on financial markets.