Sudan Sanctions and State Divestment Initiatives
By Hamilton Loeb and Kristin Cleary
Governmental responses to events in Darfur continue to create new uncertainties for investment and financial companies seeking to comply with federal and state Sudan sanctions measures. New measures announced last week by President Bush make relatively modest changes in the current regime of federal sanctions related to Sudan transactions. Their true importance, ironically, may be to undercut the series of state-level Sudan sanctions and investment restrictions that have begun to proliferate.