2025-01499NoticeWallet

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

Effective Date
Published Date
1/16/2025
1/22/2025

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Foreign Assets Control Office
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