Who will stand to benefit from the lifting of sanctions on Sudan?
19 January 2017
This week the US government announced that it was lifting its longstanding sanctions on trade with Sudan. In one of Obama’s final acts in office, the US will adopt a new approach to Sudan – allowing more freedom of trade with American companies in return for a range of political and security cooperation measures by Khartoum.
Whilst this move is unlikely to see a dramatic rise in international trade with Sudan – the banks in particular are likely to take a cautious approach if recent experience with Iran is repeated – key sectors in the country are set to benefit, namely agriculture, raw materials and infrastructure, among others.
We had a look at the companies in Sudan that our subscribers toClarifiedBy.comhave been searching for over the last three months:
Nile Cement Company
Faisal Islamic Bank
Sudatel (Sudan Telecommunication Company)
Creative Petroleum Services
Warm Seas Industry & Investment Company Ltd
Zain Sudan (Sudanese Mobile Telephone Company Limited)
Liberty Steel Company
Al Tayyar International Limited
Carawan Holding Company
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