On January 13, 2017, the White House, the U.S. Department of Treasury ’s Office of Foreign Assets Control (OFAC) , and the U.S. Department of Commerce ’s Bureau of Industry and Security (BIS) announced a host of policy changes that, as of Tuesday, January 17, 2017, will result in the significant easing of Sudan sanctions. As explained below, OFAC issued authorization for most transactions involving Sudan that previously were prohibited, while BIS announced changes in policy that will enable licensing of certain exports/re-exports to Sudan. Also, funds and other property of the Government of Sudan and its entities that were previously blocked (frozen) will be unblocked as a result of this action.
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