US companies face reputational risks in doing business in Sudan: US State Department

The United States issued an advisory warning U.S. companies of growing reputational risks of doing business with state-owned enterprises and military-controlled companies in Sudan.

“These risks arise from, among other things, recent actions undertaken by Sudan’s Sovereign Council and security forces under the military’s command, including and especially serious human rights abuse against protesters,” said State Department spokesperson Ned Price in a statement.

Sudan has been racked by protests since a military coup in October with dozens of political prisoners continuing to remain in detention, said lawyers.

“Businesses and individuals operating in Sudan should undertake increased due diligence related to human rights issues and be aware of the potential reputational risks of conducting business activities and/or transactions with SOEs and military-controlled companies,” said Price.



Categories: Creativity, Entrepreneurship, Geopolitics, HR & Organization, Strategy

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