Addis Ababa - South Sudanese negotiators have tabled more than $ 8 billion in financial transfers to Sudan in return for peaceful co-existence between the two Sudans and to resolve the status of Abyei.
The proposal comes on Monday as both Sudan and South faced a UNSC deadline of August 2 to resolve differences or face sanctions.
The head of the negotiating team, Hon. Pagan Amum iterated that the money were meant to compensate for the financial loses on Khartoum during the breakaway of South Sudan and the debt accrued by Khartoum since 2005.
Pagan also indicated that, if Khartoum agrees on the offer, oil transport through Sudan pipelines will resume but with no more than $9 dollars of transit fees a part from $32 proposed this year by Khartoum.
"What we have today is a final offer and a good gesture to our brothers in Khartoum since they suffer financial loses as a result of South Sudan's independent last year. of course, we are facing a dateline and its up to us the two parties to make bold decisions so as to find an agreement", Pagan Said.
Pagan's negotiation team also sought to link the proposed financial package to the referendum in Abyei, saying the move would pave way for a referendum supervised by AU and UN at the year's end, at least.
The financial assistance consists of $ 5 billion worth of debt to be relieved by South Sudan and compensation package of up to $ 3.2 billion.
North Sudanese negotiators are yet to accept the offer. The two sides suspended talks on Saturday as North Sudan war planes bombed Northern Bhar el Gazal State.
The Upper Nile Times