South Sudan

• South Sudan's emergence as the world's newest nation and Africa's 54th nation lastweekend marks the end of the decades of bloody strife that has cost 2.5 million lives.

• This new nation revenue would be coming from oil reserves. (98% revenue would be of oil reserves)

• The US and EU have both already signed off on significant aid sums, India is not far behind, Indian Vice president Hamad Ansari attended the ceremonies in Juba(capital). India has given its expertise in development assistance and infrastructure building in Afghanistan.

• Sudan have rich reserves of uranium and diamond - an economic partnership could benefit both sides greatly