KITCO·1 min read·medium
EU announces restrictions on trading Sudanese gold
✦AI Summary
The European Union has imposed new sanctions on Sudan, specifically targeting the country's gold trade to prevent the financing of ongoing military conflicts. The measures include a ban on importing Sudanese gold and exporting mercury and cyanide to the region.
The European Union announced on Monday new sanctions against Sudan by targeting the country’s gold trade, which it said was being used to finance the military conflict in the country.
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