WAEMU court orders suspension of financial sanctions against Mali

WAEMU court orders suspension of financial sanctions against Mali

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Friday, March 25, 2022 A new summit of the West African States Community ECOWAS, set aside for the situation in Mali, is scheduled for tomorrow, March 25, 2022. This time the president of the transition, Azimi Goita, is holding a meeting.

One of the lawyers in Malian State reported this information and confirmed a source within the organization. The WAEMU court, a West African monetary union, has informed the state of Mali of its decision to suspend sanctions affecting Bamako. This ordinance has not yet been published, so we do not yet know its legal reasons.

As a reminder, a group of lawyers on February 15 seized two appeals against the sanctions adopted by the sub-regional leaders on January 9 following the announcement of the extension of the transition. The first appeal sought their annulment, and the second suspended their application due to their influence on the population.

Almost all commercial transactions with Mali have been suspended due to these sanctions, which are considered contrary to Bamako’s community law.

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