Mali seeks help from neighbouring countries to bypass trade sanctions

372

Mali says it has obtained the support of fellow West African countries Guinea and Mauritania in its bid to bypass sanctions imposed by regional bloc ECOWAS which pose a threat to its ability to import goods.

ECOWAS imposed sanctions on the Sahel nation, after it rejected a proposed five-and-a-half-year transition period by Malian authorities instead of fulfilling a promise to hold elections in February.

ECOWAS stressed further, that the sanctions would be gradually lifted only after an “acceptable and agreed” transitional timeline is finalized and satisfactory progress is recorded.

Mauritania is not a member of ECOWAS while Guinea was suspended in September 2020 following a coup that overthrew President Alpha Condé.

A third visit to Algeria had been scheduled but was subsequently canceled with the government not giving any further details.

ECOWAS imposed sanctions on the Sahel nation after it rejected a proposed five-and-a-half-year transition period by Malian authorities instead of fulfilling a promise to hold elections in February.

ECOWAS said the sanctions would be gradually lifted only after an “acceptable and agreed” transitional timeline is finalized and satisfactory progress is recorded.

According to sources, the government, led by Colonel Assimi Goita, plans to 80 billion CFA francs  from local banks to pay the salaries of state workers and other recurring costs.




Leave a Reply

Your email address will not be published.