Don't miss

Replay


LATEST SHOWS

FOCUS

The rise of Hindu far-right groups

Read more

MEDIAWATCH

Historic day for Nigeria and day of hope for Africa

Read more

DEBATE

Nigeria's Historic Election: The Return of Muhammadu Buhari (part 2)

Read more

DEBATE

Nigeria's Historic Election: The Return of Muhammadu Buhari (part 1)

Read more

REPORTERS

Video: San Cristobal, Venezuela's tinderbox

Read more

THE OBSERVERS

Rebuilding attacked churches in Niger, and illegal fishing in Iran

Read more

#THE 51%

The extraordinary tale of the Egyptian mother who lived as a man

Read more

ENCORE!

Film Show : 'Suite française', 'Shaun the sheep' and 'A perfect man'

Read more

FOCUS

Strait of Hormuz: a smuggler's paradise

Read more

Africa

EU lifts sanctions on two key ports at Ouattara’s request

Video by FRANCE 24

Text by News Wires

Latest update : 2011-04-09

Following a request from the internationally recognised President Alassane Ouattara, the EU has ended sanctions on two key ports in Ivory Coast. Businesses like the vital cocoa industry’s regulator have also been removed from the sanctions list.

AFP - The EU decided Friday to lift sanctions on two key ports in Ivory Coast, the vital cocoa industry's regulator and an oil firm, as requested by the country's internationally recognised president.

Ouattara calls on EU to lift Ivory Coast sanctions

Following Alassane Ouattara's plea, the 27-nation European Union used a fast-track procedure to remove the ports of Abidjan and San Pedro from a list of entities subjected to an assets freeze.

The cocoa and coffee industry's CGFCC management body and the Ivorian Refining Company were also taken off the list.

The EU said in a statement that it decided "to lift its restrictive measures on certain entities immediately in order to support the legitimate authorities of Cote d'Ivoire and in response to their request."

In a television address on Thursday, Ouattara asked the EU to lift sanctions on certain "public entities" as well as the two ports.

The EU imposed sanctions against Laurent Gbagbo and several economic entities to pressure him to step down following November elections, which the international community says Ouattara won.

Gbagbo is holding out in a bunker in the presidential residence in Abidjan, surrounded b

French army helps foreigners evacuate city centre
y Ouattara forces.
By partly removing its sanctions, the EU hopes to help revive Ivory Coast's battered economy, especially its cocoa exports.

Ivory Coast is the world's top cocoa producer, and San Pedro is the top port for cocoa exports.

Coffee and cocoa represent 40 percent of the country's export revenues and one-fifth of its gross domestic product.

Once one of West Africa's most stable and prosperous countries, Ivory Coast's economy has been paralysed by the political crisis.

 

Date created : 2011-04-08

  • IVORY COAST

    Pro-Ouattara forces blockade Gbagbo’s bunker

    Read more

  • IVORY COAST

    In a bunker and on the brink, Gbagbo remains defiant

    Read more

  • FRENCH FOREIGN POLICY

    France ‘the new US’ with Sarkozy as chief warmonger

    Read more

COMMENT(S)