Sudan central bank says US lifts sanctions on 157 firms

Thursday-2020-03-05 | 02:28 pm economy
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Sudan’s central bank announced Wednesday that the United States had informed Khartoum it was lifting sanctions on 157 Sudanese companies, in line with a policy shift by Washington in late 2017.

Central bank governor Badreddine Abdelrahim said in a statement that "only a few Sudanese individuals and entities remain under US sanctions for their links to the conflict in Darfur,” a region hit by a protracted conflict that began in 2003.

Washington announced an end to its 20-year-old trade embargo against Sudan in October 2017, but retained the country on its state sponsors of terror list.