KHARTOUM (Reuters) - Iraq has agreed to export oil to Sudan and accept deferred payment, the investment minister of the African country, which is battling severe economic crisis, said on Wednesday.
Sudan has been struggling to meet local demand for diesel and other oil products since losing most of its crude output with the secession of South Sudan in 2011. Oil used to be the main source of revenue for the budget and of dollars needed to pay for imports.
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