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U.S. Eases Some Oil, Trade Sanctions Against Sudan Government

The U.S. eased some trade sanctions on Sudan dating back two decades, citing the African nation’s progress toward cooperating on anti-terrorism efforts, reducing “offensive” military actions and increasing access for humanitarian groups.

President Barack Obama’s executive order is an acknowledgment of the “positive steps taken by the Government of Sudan over the past several months and aim to further incentivize the Government of Sudan to continue to improve its conduct,” said Adam J. Szubin, the Treasury’s acting undersecretary for terrorism and financial intelligence, according to the statement.

U.S. Eases Some Oil, Trade Sanctions Against Sudan Government – Bloomberg

 

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