US lifts ban on Sudanese balances in US bank
Minister of Finance and Economic Planning, Abdul Rahman Derar
Cairo - Egypt Today
The US Treasury Department has lifted a previously imposed ban on amount of money belongs to the Sudanese Embassy in Seoul, Sudan News Agency (SUNA) reported.
The Deputy Minister of Finance and Economic Planning, Abdul Rahman Derar, said Wednesday that lifting of the ban was a positive step and predicted a progress in the financial relations between the Sudan and the outside world.
He pointed out that the amount of money belonged to the commercial and economic center, and that the money was transferred by Dawoo company to the center before being banned since the year 2015.
The minister pointed out that the procedure was taken in the framework of the recently financial procedures announced by the US government towards the Sudan, expressing the hope of a full lifting of the US sanctions particularly that the Sudan had fulfilled all the relevant conditions required.
Source: Mwna
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