Sudan, US-based Visa Inc enter into agreement for the first time
(Thessherald)–For the first time in decades, the Sudanese government and a Washington-based technology company, Visa Inc have entered into an agreement that will see the United States provide an electronic payment system in Sudan.
“We are working closely with select financial institutions in Sudan to progress the introduction of Visa payment solutions in the country,” said the company in a statement.
The step taken by the two countries is seen as a milestone toward rebuilding shaky diplomatic relations between the United States and Sudan.
“Visa is pleased to be building new partnerships that will bring the benefit of Visa’s world-class payment technology to help support financial inclusion and economic growth in Sudan” said the world’s largest payments technology company.
US urged to lift sanctions on Sudan
Authorities in Sudan have been pleading with the Trump administration to remove Sudan from its list of State Sponsors of Terrorism, noting such long-term sanctions have caused so much suffering to the Sudanese people as international companies are not allowed to do business in Sudan. .
Compensation demanded for a 1998-attack allegedly sponsored by Al-Bashiir’s former regime.
Last month, American victims filed a lawsuit from the US Supreme Court, demanding a huge sum of money of about $ 4.3 billion, in compensation for the heavy losses incurred during the terrorist attacks.
Resolution of the case is a key requirement for Sudan’s removal from the U.S. list of State Sponsors of Terrorism and part of its efforts to rejoin the international community following a grass-roots revolution in the country.
The petition was backed by the United States authorities. “This is important because it sends a strong signal to the people that the U.S. government hires all over the world – the staff of embassies – that your families are going to be protected if you’re killed or injured in service to the United States,” said Steven Perles, co-counsel for the plaintiff and one of the foremost litigators in holding foreign governments accountable for sponsoring terrorism.