- Virtually all U.S. sanctions on Sudan lifted effective January 17, 2017
- Sanctions could be permanently lifted in six months
- There continue to be practical challenges to doing business in Sudan
In an unexpected development, on Friday, January 13, 2017, the Department of the Treasury's Office of Foreign Assets Control (OFAC) announced changes to lift U.S. sanctions on Sudan and thereby pave the way for trade with the North African country. The U.S. government is authorizing virtually “all prohibited transactions [involving Sudan], including transactions involving property in which the Government of Sudan has an interest.” Moreover, the United States is dangling the possibility that sanctions could be permanently lifted after six months. The amendments, announced by Executive Order, became effective on Tuesday, January 17.
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