American Trade & Manufacturing Blog

Tag Archives: Economic Sanctions

OFAC Amends Sudanese Sanction Regulations

Posted in Economic Sanctions, Export Controls
The Office of Foreign Asset Controls (OFAC) has announced that it is issuing a general license for activities prohibited by the Sudanese Sanctions Regulations.  Effectively, that will make the sanctions’ prohibitions inoperative going forward, even as the Sudanese Sanctions Regulations themselves remain in place.  OFAC’s new rules, which become effective today, authorize all transactions that… Continue Reading