KHARTOUM, Aug 3 (Reuters) – Sudan has strong potential for oil exploration and expansion but big European players will be reluctant to invest for fear of pressure from groups advocating divestment because of violence in its Darfur region.
This has left the door open to Chinese firms, less sensitive to shareholder opinion, whose country is hungry [...]
International Herald Tribune
The Bush administration’s new sanctions against Sudan aim to squeeze the country’s economy by freezing Sudanese companies out of American financial institutions and curtailing their dollar transactions. U.S. government officials described the sanctions during recent interviews and press briefings as a significant move to raise the pressure on Omar Hassan al-Bashir, Sudan’s president, [...]
KHARTOUM, May 30 (Reuters) – Sudan believes fresh U.S. economic sanctions will have minimal impact in Khartoum because the country has no direct trade ties with the United States, a senior Sudanese Finance Ministry official said on Wednesday.
U.S. President George W. Bush imposed new unilateral sanctions on Sudan on Tuesday and sought support for an [...]
