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EU bans purchase and import of Sudanese gold in bid to curb war economy

EU bans purchase and import of Sudanese gold in bid to curb war economy

By GhanaSummary NewsroomPan-Africa

The European Union is banning the purchase, import and transfer of Sudanese gold in a bid to curb sources of financing for the country’s devastating conflict.

Gold has become a major source of revenue in sustaining the war between the Sudanese Armed Forces and paramilitary Rapid Support Forces.

The measure announced by the European Council on Monday also bans the sale, supply, transfer and export of mercury and cyanide to Sudan, chemicals used to mine the precious metal.

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