Home | News    Tuesday 25 February 2014

Sudan reveals $48.2m in assets frozen under US sanctions

separation
increase
decrease
separation
separation

February 24, 2014 (KHARTOUM) – Sudan’s ministry of foreign affairs has disclosed that Sudanese financial assets amounting to $48.2 million are frozen in the United States under decade-long sanctions imposed by Washington on Khartoum.

JPEG - 29.7 kb
The audience listens to Sudan’s President Omer Hassan al-Bashir speaking during the opening of a new session of parliament on October 28, 2013 in Khartoum (AFP/Getty Images)

The ambassador at the foreign ministry, Mohamed Abdalla, said in a hearing on Monday before the parliament on the impact of US sanctions on Sudanese citizens that the $48.2 million represents the total amount of money frozen up until 2007, while the total number of financial transactions rejected during the period from 2000 to 2008 reached 5,777 transactions, representing a value of $745.3 million.

He further said that Washington imposed penalties and intimidated states, banks, and financial institutions dealing with Sudan.

Several MP’s warned the government against confronting the international community, urging it to review its foreign policy and avoid hasty decisions.

They also called for changing the current approach for dialogue with US through selecting acceptable figure to lead the negotiations with Washington.

MP Abdalla Ali Masar called for using popular means of pressure such as holding banners in front of the White House, demanding that the government seek to achieve national interests.

MP Abdel-Ra’uf Babiker for his part urged the government to change its political rhetoric, criticizing its support for Iran and Palestine.

“Our sons should have the priority over the children of Gaza strip. The people in Kordofan are in need for a sip of water”, Babiker said.

He further underscored the need to stop gum Arabic exports for two years in order to make the whole world “bow” and stressed that the fifth column within the country is spreading rumors that stopping gum Arabic exports would negatively impact the economy, saying those claims are incorrect.

Babiker also pointed that 3 companies owned by the National Intelligence and Security Services (NISS) continue to export gum Arabic in violation of a presidential decree.

Earlier this month, the secretary general of Gum Arabic Council (GAC), Abdel-Magid Abdel-Gadir, disclosed that Sudan exported 42 tonnes of gum Arabic to the United States in 2013 yielding $103 million.

Sudan has been on the US blacklist of states sponsoring terrorism since 1993 on allegations of harboring Islamist militants despite reports of Sudan being a cooperative intelligence partner of Washington in the "war on terror".

Sudan is also subject to comprehensive economic sanctions since 1997 over terrorism charges as well as human right abuses. Further sanctions, particularly on weapons, have been imposed since the 2003 outbreak of violence in the western Darfur region.

In 2010 however, the US announced it was easing sanctions on agriculture equipment and services which allowed half a dozen companies to obtain export licenses.

Last August, Sudan’s former foreign ministry undersecretary, Rahmatallah Mohamed Osman, said that US economic sanctions on Sudan contain some loopholes which could be exploited to boost the economy.

(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.
  • 25 February 06:46, by Robot

    Consequences of sanction!.

    repondre message

    • 25 February 07:20, by Konan

      Robot,
      Don’t laugh much, we survive for twenty-five years with US sanctions,now its your turn, I bet you will not survive for one year. Lol

      repondre message

Comment on this article


 
 

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


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Al-Bashir’s decree fell short of Sudan’s demands 2014-04-17 09:57:38 By Mahmoud A. Suleiman Ampril 16, 2014 - This article comes against the backdrop of the Decree number 158 of 2014 passed by the National Congress Party (NCP) president Marshal Omer Hassan Ahmed (...)

Why hiring a lawyer if you can buy a judge 2014-04-17 09:11:43 By Dong Samuel Luak April 16, 2014 - Many people in South Sudan are asking, how long did it take President Salva Kiir to plan all this tragedy befalling our young country now? Recruitment, (...)

Abyei: Peace cannot be achieved through partial solutions 2014-04-16 06:23:14 By Maiwen Dot Phoet April 15, 2014 - Over the past month, reports received from sources on the ground in Abyei confirm the withdrawal of soldiers affiliated with South Sudan’s army and police (...)


MORE




VIDEOS



Latest Press Releases


Letter to the South Sudanese government on the ratification of the African Charter 2014-04-16 06:24:18 Letter to the Government of South Sudan on the ratification of the African Charter H.E. Salva Kiir Mayardit President of the Republic of South Sudan Juba, South Sudan CC: Dr. Barnaba Benjamin (...)

In Sudan, at least 26,000 primary school children risk repeating an entire school year 2014-03-21 08:42:00 UNICEF SUDAN PRESS RELEASE In Sudan, at least 26,000 primary school children risk repeating an entire school year Khartoum, 20 March 2014 --- Primary school-aged children in Sudan are in (...)

Civil society groups call on AUPSC to support holistic peace in Sudan 2014-03-11 07:22:46 An Open Letter from Sudanese Civil Society Addressing the Meeting of the African Union Peace and Security Council (PSC) on the Humanitarian and Political Crises in Sudan H.E. President Thabo (...)


MORE

Copyright © 2003-2014 SudanTribune - All rights reserved.