Read the full Business Advisory here: South Sudan Business Advisory – United States Department of State
August 14, 2023
Summary: The Department of State, the Department of Labor, and the Department of Commerce are issuing this advisory to highlight risks for U.S. businesses, individuals, and other persons, including academic institutions, research service providers, and investors (hereafter “businesses and individuals”) conducting or contemplating business in South Sudan. These risks continue to grow as a result of South Sudan’s transitional government’s failure to implement political and economic reforms, improve transparency and public financial management, and address pervasive, endemic corruption and human rights violations.
Businesses and individuals should be particularly wary of the associated illicit finance, reputational, economic, and potential legal risks of conducting business and utilizing supply chains of enterprises with ties to the South Sudanese government officials or their family members (hereafter, collectively referred to as “enterprises with ties to the South Sudanese government”). Businesses and individuals that operate in the oil and mining sectors are particularly exposed to such risks.
This advisory relates specifically to the Revitalized Transitional Government of National Unity (RTGoNU), companies controlled by government officials and/or their family members, and civilian-owned enterprises with ties to the South Sudanese transitional government. The U.S. government does not seek to curtail or discourage responsible investment or business activities in South Sudan with civilian-owned South Sudanese counterparts that are independent from improper ties to government institutions or officials.
