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Slideshow Photos of the week Our top photos from the past week. Slideshow Sudan tells United Nations its debts must be canceled Tweet Share this Email Print Related News Sudan, South Sudan sign deals to restart oil, boost trade Thu, Sep 27 2012 Sudan, South Sudan to resume oil exports, no wider deal Wed, Sep 26 2012 Sudan, South Sudan leaders to discuss border, oil Sun, Sep 23 2012 Sudan hopeful for South Sudan deal despite fresh fighting Thu, Sep 20 2012 Anti-American fury sweeps Middle East over film Fri, Sep 14 2012 Related Topics World » United Nations » UNITED NATIONS | Sat Sep 29, 2012 2:39pm EDT UNITED NATIONS (Reuters) - Sudan told the United Nations General Assembly on Saturday that its debts must be canceled and its economy supported as it struggles to recover from losing three-quarters of its critical oil revenue to South Sudan when it seceded a year ago. The International Monetary Fund this week urged Sudan to meet donors to discuss debt relief and some IMF board members called for "exceptional efforts" from the IMF and the global community to help Sudan reduce its debt of about $40 billion. "Sudan requires assistance to go through this very sensitive stage towards better horizons. For that we believe that debts must be canceled and its economy supported," Sudanese Foreign Minister Ali Ahmed Karti said. South Sudan seceded in July 2011. Leaders from both states finally reached a border security deal on Wednesday to restart badly needed oil exports, but failed to solve the other key conflicts left over from when they split. The pair failed to settle the fate of at least five disputed oil-producing regions along the border. Tensions over the unmarked 1,200-mile (1930-km) common border spilled over into fighting in April, when South Sudan's army briefly occupied the Heglig oilfield, vital to Sudan's economy. They were also unable to reach a solution for the border region of Abyei, which has symbolic significance to both and is rich in grazing lands. Plans for a referendum have failed over the question of who should participate. "We have been determined to tackle the reasons for war and strife despite the strong economic and political pressures being brought to bear against my country and unfair sanctions imposed by the United States," Karti said. Washington still maintains its 1997 embargo on the country over Sudan's role in hosting prominent Islamist militants. The sanctions restrict U.S. trade and investment with Sudan and block the assets of the Sudanese government. The United States and other powers criticize Sudan for human rights violations and a harsh crackdown on rebels. Western powers also shun Sudanese President Omar Hassan al-Bashir who was indicted by the International Criminal Court over war crimes in Darfur, the site of a nearly decade-old insurgency. (Reporting by Michelle Nichols; Editing by Sandra Maler) World United Nations Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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