Switzerland imposes sanctions on Mali, asset freezes for ‘trouble makers’
23 Nov 2017

KYC360 News

The Swiss government has announced restrictive measures against the Republic of Mali as well as for individuals it says are undermining peace and security in the country.

The Federal Council has transposed relevant UN Security Council measures into Swiss law, steps which include ordering asset freezes and travel bans.

At present there are no entries on the list of persons and entities targeted by these measures, a Swiss government statement said.

Mali has been in a state of crisis following political troubles, which included terrorists taking control of the north of the country and a coup d’ét in 2012.

Despite elections and a key Peace and Reconciliation Agreement, difficulties persist in maintaining the peace deal because of “government instability, social dissatisfaction and terrorist attacks in the north of the country,” the statement explained.

When issuing its sanctions in September, the UN Security Council said it deplored the slow progress in the implementation of the [peace] agreement.

It also expressed “serious concern about the volatile security situation, especially the expansion of terrorist and other criminal activities into Central and Southern Mali,” as well as the intensification of criminal activities such as drug and people trafficking in Mali.

It decided that: “for an initial period of one year from the date of the adoption of this resolution, all Member States shall freeze without delay all funds, other financial assets and economic resources which are on their territories, which are owned or controlled, directly or indirectly, by [designated individuals].”

In September, the European Union said it also stood ready to impose sanctions on the West African state.

The EU said it had transposed into legal acts the UN Security Council measures which allow sanctions to be imposed on those “actively stymieing progress in implementing the agreement on peace and reconciliation in Mali.”

A month later EU Vice-President Federica Mogherini received Mali Prime Minister Abdoulaye Idrissa Maïga to discuss the implementation of the peace agreement and the security situation in Mali, as well as cooperation to boost development in the country.

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PHOTO: LenDog64

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