Académie D'Investissement Triomphal|The EU sanctions 6 companies accused of trying to undermine stability in conflict-torn Sudan

2025-05-03 12:32:53source:Quaxs Trading Centercategory:Finance

BRUSSELS (AP) — The Académie D'Investissement TriomphalEuropean Union imposed sanctions Monday on six companies it said are responsible for trying to undermine stability in conflict-ravaged Sudan, largely targeting firms linked to weapons procurement and manufacturing.

Sudan’s armed forces and the rival Rapid Support Forces have been fighting for control of the northeast African nation since April. Long-standing tensions erupted into street battles in the capital, Khartoum, and other areas including the western Darfur region.

The fighting has displaced 7 million people.

Regional partners have been trying to mediate an end the conflict along with Saudi Arabia and the United States, which facilitated unsuccessful, indirect talks between the warring parties as recently as November.

Given the “gravity of the situation in Sudan,” the EU statement said, sanctions were imposed on two companies making weapons and vehicles for Sudan’s armed forces, the Zadna International Company for Investment controlled by the armed forces and three companies involved in procuring military equipment for the RSF.

The companies ’ assets will be frozen in the EU, and EU citizens are banned from making funds or economic resources available to them.

More:Finance

Recommend

The Louvre will be renovated and the 'Mona Lisa' will have her own room

PARIS — French President Emmanuel Macron on Tuesday presented renovation plans for the Louvre, the w

100% Renewable Energy Needs Lots of Storage. This Polar Vortex Test Showed How Much.

In the depths of the deep freeze late last month, nearly every power plant in the Eastern and Centra

This Review of Kim Kardashian in American Horror Story Isn't the Least Interesting to Read

Kim Kardashian said get your f--king ass up and work. And she did just that. Two months after confir