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ARTICLE · 23 JANUARY 2017

Sudan Embargo Lifted

WilmerHale
WilmerHale
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WilmerHale

WilmerHale

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On January 13, the US Department of the Treasury's Office of Foreign Assets Control issued a general license that authorizes all transactions with Sudan that were previously prohibited by the Sudanese Sanctions Regulations . . .

United StatesInternational Law

On January 13, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a general license that authorizes all transactions with Sudan that were previously prohibited by the Sudanese Sanctions Regulations (SSR), 31 C.F.R. Part 538, and Executive Orders 13067 and 13412. President Obama also issued an executive order that would revoke the sanctions provisions applicable to Sudan through the previous executive orders on July 12, 2017, provided that the government of Sudan continues its cooperation with the United States on specified US foreign policy priorities including the cessation of hostilities in Sudanese conflict areas, improved humanitarian access in Sudan, and cooperation with the United States on addressing regional conflicts and the threat of terrorism. US persons are now able to conduct transactions with Sudan, and the property of the government of Sudan is unblocked.

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