Swiss Gold Ban Squeezes Sudan’s War Economy
13 Articles
13 Articles
Switzerland Tightens Grip on Sudanese Gold Trade
Switzerland has imposed a ban on the purchase and import of gold from Sudan, as well as restricted the sale of certain goods used in Sudan's gold industry. This move follows the European Union's sanctions targeting Sudan's gold trade to curb its role in financing military conflict.
Bern bans purchase, import of Sudanese gold, prohibits sale of certain mining chemicals
The Federal Council prohibits the purchase and import of gold originating in Sudan. In doing so, it joins the sanctions imposed by the EU, as the state government announced on Wednesday.
Gold has become a major source of income amid the ongoing civil war in Sudan. As a result, Switzerland has imposed restrictions on the purchase, import, and transit of Sudanese gold.
Switzerland bans Sudanese gold imports
SWITZERLAND has banned imports of Sudanese gold, including metal routed through third countries, according to a media release from development organisation SWISSAID on Thursday. The ban, which took effect on September 10, brings Switzerland into line with EU sanctions in force since July. Switzerland’s State Secretariat for Economic Affairs (SECO) confirmed that the rules also […]
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