Monday, June 27, 2011

EU lifts all sanctions against Ivorian firms

European Union sanctions against Ivory Coast firms are to be lifted completely, the bloc announced on June 27.
Sanctions on firms loyal to former leader Laurent Gbagbo were imposed earlier this year to pressure him to step down and make way for Alassane Outtara.
The asset freeze measures were first eased in April, after Gbagbo was arrested by pro-Outtara forces, clearing the way for the president to be sworn in.
On June 27, the EU extended the decision to the Cote d’Ivoire Association of Natural Rubber Producers (APROCANCI), the National Electricity Management (SOGEPE) and Ivorian Radio and Television (RTI).
These were “the last three entities subject to an EU assets freeze,” the bloc said. The decision is set to become effective later on Monday, when it is due to be published in the EU’s official journal.
An EU travel ban and asset freeze against Gbagbo, his wife and dozens of his supporters remains effective.

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