The Economic Community of West African States (ECOWAS) has announced the lifting of economic sanctions imposed on Burkina Faso, Mali, and Niger Republic.
This decision was made during an extraordinary summit held at the State House in Abuja, following extensive deliberations by the ECOWAS Authority of Heads of State and Government.
Dr. Omar Touray, President of the ECOWAS Commission, announced the resolutions of the Authority, indicating the immediate suspension of various measures.
These include the reopening of land and air borders to Niger, lifting the no-fly zone on commercial flights, and unfreezing financial transactions between ECOWAS states and Niger, including those involving the bloc’s central bank.
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Additionally, all assets of Niger at the ECOWAS Bank for Investment and Development (EBID) have been unfrozen.
Furthermore, ECOWAS lifted the travel ban on members of the military junta and their families and revoked sanctions on the election of Malian citizens to ECOWAS positions.
In a gesture of goodwill, ECOWAS extended invitations to Guinea and the other affected countries to participate in technical consultative meetings moving forward.
In a bid to encourage unity and cooperation, ECOWAS urged the withdrawing member states to reconsider their decision, emphasizing the benefits that regional integration brings to citizens. This development marks a significant stride towards fostering peace, stability, and collaboration within the West African region.
