Economy of Sudan - Embargos and Sanctions

Embargos and Sanctions

On 3 November 1997, the U.S. government imposed a trade embargo against Sudan and a total asset freeze against the Government of Sudan under Executive Order 13067. The U.S. believed the Government of Sudan gave support to international terrorism, destabilized neighboring governments, and permitted human rights violations. A consequence of the embargo is that U.S. corporations cannot invest in the Sudan oil industry, so companies in China, Malaysia and India are the major investors.

Further information: Foreign relations of Sudan

Read more about this topic:  Economy Of Sudan