World Economy

US Unfreezes Sudan Bank A/Cs

US Unfreezes Sudan Bank A/CsUS Unfreezes Sudan Bank A/Cs

The United States has unfrozen bank accounts in Sudan after lifting decades-long sanctions on the country earlier this month, the Sudanese Central Bank said Thursday, APA reported. Sudan previously said that $48 million in assets was frozen under the sanctions that affected government accounts and assets in the US since 1997. The director of the Sudanese Central Bank, Hazim Abdul Gadir, confirmed in a press release that the frozen Sudanese accounts had been unblocked. Gadir further noted that many global banks had started dealing with Sudanese banks since the lifting of sanctions.


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