U.S warns citizens against doing business with Sudan

 

WASHINGTON – The United States Department of State, Treasury, Commerce and Labour today warned citizens against doing any business with Sudanese State-Owned Enterprises (SOE) and military-controlled companies.

In a statement, Spokesman for the department, Ned Price said it is risky doing business with Sudan and that the risks arise from, among other things, recent actions undertaken by Sudan’s Sovereign Council and security forces under the military’s command, including and especially serious human rights abuse against protesters.

He explained that while certain risks predate the country’s October 2021 military takeover, the takeover and the military’s actions since then have exacerbated them and could adversely impact U.S. businesses and individuals and their operations in Sudan.

“Businesses and individuals operating in Sudan should undertake increased due diligence related to human rights issues and be aware of the potential reputational risks of conducting business activities and/or transactions with SOEs and military-controlled companies. U.S. businesses and individuals should also take care to avoid interaction with any persons listed on the Department of the Treasury’s Office of Foreign Assets Controls’(OFAC) list of Specially Designated Nationals  and Blocked Persons (SDN List)”, he said, adding that the United States remains committed to supporting the Sudanese peoples’ aspiration for a civilian-led transition to an elected government.

“ We continue to support the Sudanese-led, UN-AU-IGAD facilitated dialogue around the transition process”, he said.