Treasury Sanctions Sudan Defense Industry Affiliates
Published Date: 1/22/2025
Notice
Summary
The U.S. Treasury’s OFAC just blocked the property and financial interests of certain people linked to Sudan’s Defense Industries System. This means Americans can’t do business with them starting January 16, 2025. It’s a big move to support peace and democracy in Sudan by cutting off these folks from U.S. money and markets.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
U.S. Persons Barred From Doing Business
On January 16, 2025, the Treasury's Office of Foreign Assets Control (OFAC) blocked the property and interests in property subject to U.S. jurisdiction of specific listed persons and entities, including Ahmed Abdalla, Abdel Fattah Al‑Burhan, and PORTEX TRADE LIMITED. You (and U.S. businesses) are generally prohibited from engaging in transactions with these named parties, and any property of theirs under U.S. jurisdiction is blocked.
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Key Dates
Department and Agencies
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