DECENTRALIZED MEDIA IS LIVE POWERED BY
Banx Media Platform logo
POLITICSSanctionsHappening NowFeatured

Sudan conflict: EU bans gold imports to curb war financing

The EU has banned the purchase, import and transfer of gold from Sudan, saying the trade has become a key revenue stream for the warring parties in the country’s civil war.

S

Sier John Lewis

EXPERIENCED
1 min read
4 Views
Sudan conflict: EU bans gold imports to curb war financing

The European Union has banned EU companies and individuals from purchasing, importing or transporting gold originating in Sudan, aiming to cut off financing for the war that began in April 2023. EU foreign ministers also approved restrictions on exporting mercury and cyanide to Sudan, chemicals used in gold mining. The EU says gold has become a major source of revenue sustaining the conflict, and the measures are meant to reduce resources available to those fuelling violence. Sanctions target the trade but enforcement gaps remain.

Published by Banx Network. This article is part of the Banx decentralized media programme, powered by the BXE token on the XRP Ledger.

Decentralized Media

Powered by the XRP Ledger & BXE Token

This article is part of the XRP Ledger decentralized media ecosystem. Become an author, publish original content, and earn rewards through the BXE token.

Newsletter

Stay ahead of the news — and win free BXE every week

Subscribe for the latest news headlines and get automatically entered into our weekly BXE token giveaway.

No spam. Unsubscribe anytime.

Share this story

Help others stay informed about crypto news

Related articles

Keep exploring the latest stories.

View more
US Navy turns 251: American politicians use photos of Indian warships

US Navy turns 251: American politicians use photos of Indian warships

Several US politicians shared Indian and Russian naval images in birthday tributes, prompting online ridicule after observers identified the foreign vessels.

French Far-Right Leader Marine Le Pen Threatens to Cut Support for Ukraine if Elected

French Far-Right Leader Marine Le Pen Threatens to Cut Support for Ukraine if Elected

Marine Le Pen says she would end France’s direct financial aid to Ukraine within six months if elected president in 2027.

What Does It Say When the Applause Follows the Violence?

What Does It Say When the Applause Follows the Violence?

A protester at a Trump rally in Ohio was physically attacked by crowd members as the president mocked her from the stage, raising questions about political vio…