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Monday, July 4, 2022

ECOWAS eases economic, financial sanctions on Mali

Military authorities are taking steps to set up a monitoring mechanism for transition and are preparing a new constitution for the country.

• July 4, 2022
ECOWAS
Economic Community of West African States (ECOWAS) HQ, Abuja.

The Economic Community of West African States (ECOWAS) has lifted economic and financial sanctions on Mali after its military authorities took steps in setting up a monitoring mechanism for transition.

Jean-Claude Kassi Brou, the President of the ECOWAS Commission, announced this at the closing press conference of the 61st Ordinary Session of ECOWAS Heads of State and Government in Accra.

Mr Brou said the authorities had also taken steps to prepare a new constitution for the country.

“That means, essentially, the closure of the border, the freezing of financial assets. Those sanctions are lifted,” he said.

He added that ambassadors of ECOWAS member-states to Mali would return to Mali.

“However, as the process needs to be monitored, the heads of state decided to maintain individual sanctions and maintain suspension of Mali from the organs of ECOWAS institutions,” he said.

He said that Mali’s transition would end in March 2024 in a framework of a 24-month transition period.

ECOWAS had slammed the country with economic and financial sanctions on January 9.

(Xinhua/NAN)

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