Effective October 12, 2017, the U.S. Government has revoked its long-standing comprehensive economic sanctions against Sudan. This action will make permanent the conditional lifting of sanctions put in place by President Obama earlier this year. U.S. persons will be generally permitted to conduct business and financial transactions in and with Sudan and Sudanese companies. However, there will remain certain sanctioned individuals and entities in Sudan. In addition, since Sudan remains listed as a State Sponsor of Terrorism, strict export controls will continue to exist on exports of most items to Sudan. Accordingly, while new business opportunities may now exist, Sudan continues to present significant compliance risk.