International Engagement Conference on South Sudan
The International Engagement Conference on South Sudan is a two day event that was held on December 14-15, 2011 at Washington in United States of America. The event is focused on introducing the Republic of South Sudan. President Salva Kiir and U.S. Secretary of State Hillary Clinton and other dignitaries spoke on the occasion.
Speaking at the event, President Salva Kiir wearing his trademark cowboy hat said that South Sudan is open for business and invited international investors to help develop the country's potential in oil, gas and mineral resources. South Sudan has a massive revenue opportunity in the oil business having received nearly 70% of the oil fields during the independence from Sudan. However, the nation relies on Sudan on the north to carry its pipelines.
Hillary Clinton said that Oil can lift the country from its poverty, but cautioned against the natural resource curse which will enrich a small elite, outside interests, corporations, and countries and leave the people where they've started.