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Tuesday, 03 May 2011

EU lifts Ivory Coast sanctions

After the arrest of ex-president Gbagbo, the European Union has lifted the freeze of financial relations with Ivory Coast which prevented Ivorian enterprises to return to a normal way of operating. These measures concern in particular the petrol company Petroci, the National Investment Bank and four other banks, among others the Ivorian Savings Bank. Already on 8 April, the European Union had lifted restrictive measures that affected the autonomous ports of Abidjan and San Pedro, as well as the Ivorian refinery society and the Management Committee of the directory Coffee/Cocoa. The same has been granted to other economic actors that are considered crucial for the economic restart in Ivory Coast.

Source: RFI

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