EU bans gold imports from Sudan to curb money financing conflict
"Gold has become a key source of revenue sustaining the conflict in Sudan," the EU Council said in a statement, adding that the ban and other restrictions were designed to "reduce the resources" available to those responsible for perpetuating the violence."However, experts have warned that sanctions alone are unlikely to halt the trade unless major international gold trading hubs and regional transit routes also tighten enforcement against illicit Sudanese gold.
Under the restrictive measures, EU individuals and companies are prohibited from purchasing, importing or transporting gold originating in Sudan.
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