The United States cancels its economic sanctions against Sudan

  • Khartoum, Sudan
  • 5 March 2020
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The Central Bank of Sudan has revealed the end of all forms of economic sanctions imposed on Sudan by the United States of America.

In this regard, Central Bank Governor Badr Al-Din Abdel Rahim revealed that the Sudanese Central Bank had received a letter from the director of the penal office at the US Department of State through the Ministry of Foreign Affairs confirming the end of all forms of economic sanctions imposed on Sudan pursuant to the two executive orders issued since October 12, 2017.

The governor pointed out that "according to the cancellation of the two orders, the penalties were lifted for 157 Sudanese institutions, and only some individuals and institutions related to the events in Darfur remain," noting that "the letter has nothing to do with the issue of bank transfers."

It is worth noting that the Central Bank of Sudan has addressed the Sudanese banks and correspondents accordingly, and has also addressed some central banks in the sisterly Arab countries to activate the banking correspondence relations in order to maximize the mutual benefit.

Source (cnbc arabic site, Edited)