Among Final Actions, Obama Administration Suspends Core of US Sanctions Against Sudan

Trump administration expected to maintain changes, but certain restrictions remain.

In the final days of his administration, President Obama announced significant changes to the US embargo against Sudan, in place since 1997. The US Department of Treasury’s Office of Foreign Assets Control (OFAC) subsequently issued a sweeping new general license authorizing most trade and business involving US persons and Sudan. On a parallel track, the Department of Commerce’s Bureau of Industry and Security (BIS) announced more favorable licensing policies for exports and reexports of certain US-regulated items to Sudan. Notwithstanding these developments, Sudan's “State Sponsor of Terrorism” designation remains, and US export controls continue to restrict the export or reexport of a broad range of US-regulated products and technology to Sudan.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Latham & Watkins LLP | Attorney Advertising

Written by:

Latham & Watkins LLP
Contact
more
less

Latham & Watkins LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide