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 Sudanese president Omer Hassan al-Bashir speaking during the opening of a new session of parliament on 28 October 2013 in Khartoum (Photo: 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


The theory of African president and prime minister, working together 2014-11-22 05:32:12 By Steve Paterno November 21, 2014 - Africa is notoriously known for political instability, stemming in most cases, over power struggle among the ruling elites. Often times, the best and quick (...)

The UNAMID internal report on mass rape in Tabit. 2014-11-21 06:09:21 What UNAMID really said about their investigation of mass sexual assaults on Tabit: The internal report on what investigators found By Eric Reeves November 20, 2014 - On November 12, 2014 (...)

Bullying Darfur 2014-11-13 18:13:39 By Namaa Al-Mahdi November 13, 2014 - “We broke their backs in Abu Karshola, I doubt they have recovered since,” said a prominent Sudanese Armed Forces (SAF) member about their counter attack on (...)


MORE








Latest Press Releases


Sudan Democracy First Group condemns wave of arbitrary arrests in Sudan 2014-09-25 05:17:35 Sudan Democracy First Group 25 September 2014 - In a desperate attempt to prevent a series of events commemorating the victims of the September 2013 protests, Sudan’s notorious National (...)

HRW calls on UN rights body to press Sudan to investigate murder of peaceful protesters 2014-09-24 21:24:09 Human Rights Watch One Year On, No Justice for Protester Deaths (Geneva, September 23, 2014) – The United Nations Human Rights Council should call on Sudan to account immediately for the death (...)

Hundreds walk for peace in South Sudan 2014-09-23 08:30:16 National Platform for Peace and Reconciliation (NPPR) PRESS RELEASE Juba, 21 September 2014 - Hundreds of people took to the streets of the South Sudan capital Jubato ‘Walk for Peace’and demand (...)


MORE

Copyright © 2003-2014 SudanTribune - All rights reserved.