Sudan

Investment Climate Statement 2015

By:

United States Department of State

Format:

Paperback / softback

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Description

There are limited possibilities for American investors and export-import firms to conduct business in Sudan. U.S. and other economic sanctions, high taxes and frequent changes to the investment code are all factors discouraging foreign direct investment. To date, gum Arabic is the only Sudan-originated product that is permitted to enter the American market, and U.S. purchasers of Sudanese gum Arabic must obtain an import license from the Treasury Department's Office of Foreign Assets Control (OFAC). Additionally, U.S. sanctions prohibit Americans from engaging in any business transaction involving the Government of Sudan, including state-owned companies. At present the Bank of Khartoum is the only Sudanese bank not designated under OFAC sanctions.

Release date NZ

April 22nd, 2016

Author

United States Department of State

Audience

General (US: Trade)

Contributor

Edited by Penny Hill Press

Pages

Dimensions

216x280x1

ISBN-13

9781532869709

Product ID

37581245

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