U.S. revokes sanctions against Sudan
On January 13, 2017 President Obama issued Executive Order (“E.O.”) 13761 which gave Sudan relief from U.S. sanctions for six months and which envisioned a permanent revocation of the U.S. sanctions against Sudan on July 12, 2017, provided that Sudan sustained certain positive actions regarding humanitarian efforts and reducing violence in Sudan.
That relief was then extended for six months until October 12, 2017. On October 6, 2017 the U.S State Department announced that, effective October 12, 2017, the U.S sanctions against Sudan imposed under E.0.s 13067 and 13412 will be revoked. Freehill Horgan and Mahar LLP explain further in the attached bulletin.