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


Perspectives on Kiir and Machar meeting 2018-06-20 22:48:12 By Santino Ayual Bol IGAD which has been facilitating and mediating the slow-heel Agreement to Resolve the Conflict in the Republic of South Sudan shortly abbreviated as ARCISS has unilaterally (...)

SLM’s al-Nur’s response to Troika countries about violence in Darfur 2018-06-20 22:02:28 Response by the Sudan Liberation Movement to statement by the United States, United Kingdom & Kingdom Of Norway on cessation of violence in Darfur By Abdul Wahid al-Nur Dear President (...)

Another electoral farce Sudanese should expect in 2020 2018-06-18 02:08:16 Sudanese Elections Scheduled for 2020 will be Fraught with Dangers andCounterfeiting like its predecessors By Mahmoud A. Suleiman The National Congress Party (NCP) regime’s Elections Scheduled (...)


MORE






Latest Press Releases


The Suspension of Hurriyat Online Newspaper 2018-04-29 07:04:37 Sudan Democracy First Group 28 April 2018 The Sudanese civil and political circles and those concerned with Sudan were shocked by the news that the management of Hurriyat online newspaper has (...)

Petition on the Deteriorating Human Rights and Humanitarian Situation in Sudan 2018-04-22 10:01:20 UN Secretary-General, New York African Union Commission, Addis Ababa UN High Commissioner for Human Rights, Geneva Petition on the Deteriorating Human Rights and Humanitarian Situation in Sudan (...)

Abyei celebrates Mine Awareness Day 2018-04-05 08:52:03 4 April 2018 | Abyei - The United Nations Interim Security Force for Abyei (UNISFA) and the United Nations Mine Action Service (UNMAS) commemorated the International Day for Mine Awareness and (...)


MORE

Copyright © 2003-2018 SudanTribune - All rights reserved.