US Treasury Secretary Steven Mnuchin was present at the time of the signing, as the White House has paved the way for the Accords to become a reality. Mnuchin is reported to have stated, “This is a very, very significant agreement. … It would have a tremendous impact on the people of Israel and the people of Sudan as they continue to work together on cultural and economic opportunities and trade.”
One financial incentive was revealed in a statement from the office of Sudan’s Acting Minister of Finance, which read, “This move will enable Sudan to regain access to over $1 billion in annual financing from the World Bank for the first time in 27 years.” Additionally, the US embassy in Khartoum stated that the agreement will “help further Sudan on its transformative path to stability, security, and economic opportunity.” -Full Report
Sudan signs 'Abraham Accords' with US, paving way for Israel normalization