Home | News    Thursday 31 May 2007

US Treasury warns investors from circumventing Sudan sanctions

separation
increase
decrease
separation
separation

By Wasil Ali

May 30, 2007 (WASHINGTON) — The US department of Treasury warned today that any American citizens attempting to circumvent sanctions on Sudan face “civil and potentially criminal penalties”.

JPEG - 10.2 kb
Akbar Muhammad

The US Treasury Spokesperson told Sudan Tribune that investment in Sudan by U.S. persons is prohibited “unless exempted or otherwise authorized”.

A delegation of US businessmen is currently in Khartoum to explore business opportunities in different sectors, Sudanese media reported. The visit was organized by the Sudanese investment ministry to a group of 23 American investors working in the fields of agriculture, manufacturing, dam construction, education and health. Sources told Sudan Tribune that the delegation is led by Akbar Muhammad the international representative of the US Black Muslim movement, Nation of Islam.

The United States under Clinton’s administration imposed economic sanctions against Sudan in 1997 because of the country’s alleged support of international terrorist activities. The order prohibits the imports of Sudanese goods or exports of US technology and goods to the East African nation. President Bush strengthened the existing sanctions against Sudan in October 2006 in accordance with the Darfur Peace and Accountability Act of 2006 passed by the congress.

The US Treasury Spokesperson declined to comment specifically on the visit by the Nation of Islam delegation but she noted that US persons may “invest in the exempt areas of Sudan, provided that the investment does not involve Sudan’s petroleum or petrochemical industries or any property or interests in property of the Government of Sudan”. However she stressed that “non-exempt areas of Sudan continue to be subject to comprehensive sanctions”.

U.S. President George W. Bush imposed new unilateral sanctions on Sudan on Tuesday and sought support for an international arms embargo out of frustration at Sudan’s refusal to end what he called genocide in war-ravaged Darfur. Bush announced new sanctions that would bar 31 companies controlled by Sudan from doing business in the U.S. financial system.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


The shifting centres of gravity of JCE regime. 2017-09-25 07:05:03 By Oyet Nathaniel Pierino Did they know that it was going to be protracted and catastrophic? From the war song that was sung in nyakuron Saturday 14th, December 2013 to the attempted disarmament (...)

Open Letter to Ambassador Donald Y. Yamamoto 2017-09-23 07:09:30 To The Principal Deputy Assistant Secretary, Bureau of African Affairs, U.S. Department of State, Washington, D.C. September 21 , 2016 By Stephen Par Kuol Your Excellency Ambassador Yamamoto: (...)

Sudan’s renegade Sheikh 2017-09-12 12:44:55 By Ahmed H Adam Tensions between the Sudanese regime and militia commander Sheikh Musa Hilal has reached a tipping point in recent weeks. On July 20, Sudanese Vice President Hassabo Abdel (...)


MORE






Latest Press Releases


Amnesty calls to release Nubian activists detained over protest for cultural rights 2017-09-12 20:47:54 AMNESTY INTERNATIONAL PRESS RELEASE 12 September 2017 Egypt: Release 24 Nubian activists detained after protest calling for respect of their cultural rights Egyptian authorities should (...)

New group formed to gather Nuer in United States 2017-08-17 14:15:50 DECLARATION FOR THE FORMATION OF NUD TO BRING TOGETHER ALL NUER IN THE U.S.A Press Statement The Nuer Union For Development (NUD) The United State of America The State of Nebraska August 15, (...)

A prominent Sudan Women and Civil rights activist passed away 2017-08-14 21:09:47 The Strategic Initiative for Women in the Horn of Africa (SIHA) Khartoum, Sudan-August 14 2017 In the early hours of Saturday 12th August Fatima Ahmed Ibrahim, a renowned Sudanese leader of the (...)


MORE

Copyright © 2003-2017 SudanTribune - All rights reserved.