US issues advisory highlighting risks of doing business in South Sudan

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The Biden administration issued a business advisory for South Sudan on Monday, urging U.S. businesses and citizens in the region to undertake 'robust due diligence' on corruption and human rights issues or abuses, according to a statement from the State Department.

Aug 14 - The Biden administration issued a business advisory for South Sudan on Monday, urging U.S. businesses and citizens in the region to undertake "robust due diligence" on corruption and human rights issues or abuses, according to a statement from the State Department.

"The advisory highlights the growing reputational, financial, and legal risks to U.S. businesses and Americans conducting business or transactions with companies that have significant ties to South Sudan’s extended transitional government or that are controlled by family members of government officials," the State Department said in the statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 31. in BUSİNESS

Business Business Latest News, Business Business Headlines