Cash-strapped country hands Washington $335m in order to be removed from the United States' terror listOct 21st 2020 · 1 min read
Sudan on Tuesday announced it had transferred the compensation agreed to pay US victims of militant attacks, paving way for the country to be removed from the list of state sponsors of terrorism.
Central bank governor Mohamed al-Fatih Zainelabidine told a news conference that the payment of $335m has been been transferred, a day after US President Donald Trump said his administration would remove Sudan from the list in return for the cash.
❞ GREAT news! New government of Sudan, which is making great progress, agreed to pay $335 MILLION to U.S. terror victims and families. Once deposited, I will lift Sudan from the State Sponsors of Terrorism list. At long last, JUSTICE for the American people and BIG step for Sudan!— Donald J. Trump (@realDonaldTrump) October 19, 2020
Acting Finance Minister Hiba Mohamed Ali said in Tuesday’s news conference that Sudan needed to accelerate the adjustment of its foreign exchange rate.
Zainelabidine said local banks would restore correspondence relations next week following the US move.
The Sudanese pound has fallen on the black market to 220 versus the dollar, while the official exchange rate is around 55. But since the US announcement on Monday the pound has gained from 250 the day before on the black market.
The terror designation has been in place since the early 1990s, when now-ousted President Omar al-Bashir hosted al-Qaeda leader Osama bin Laden. The cash-strapped country continues to suffer under heavy economic sanctions.
Khartoum's removal from Washington's State Sponsor of Terrorism (SST) list is a major step in Sudan's efforts to reintegrate into the international community after last year's uprising toppled longtime leader Bashir.
The monetary compensation would go to the victims of the 1998 US embassy bombings in East Africa and the attack on the USS Cole, a guided-missile destroyer, in 2000 off the coast of Yemen.
The attacks in Kenya and Tanzania killed more than 220 people, including US citizens and locals who worked at the embassies. In 2000, two suicide bombers targeted the USS Cole, killing 17 service members.
All three attacks were claimed by al-Qaeda. In subsequent years, Khartoum faced lawsuits in the US accusing the Sudanese government of harbouring the al-Qaeda operatives who planned and carried out the bombings.
The remaining countries on the US's terrorism list are Iran, North Korea and Syria.