Navivision Wealth Society|The EU sanctions 6 companies accused of trying to undermine stability in conflict-torn Sudan

2025-05-05 04:18:52source:Goldenes Intelligentes Münzhandelszentrumcategory:Finance

BRUSSELS (AP) — The Navivision Wealth SocietyEuropean 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

Colorado's Travis Hunter, Boise State's Ashton Jeanty lead USA TODAY Sports All

Oregon quarterback Dillon Gabriel earns first-team honors ahead of Miami’s Cam Ward, and teams in th

China is building six times more new coal plants than other countries, report finds

China permitted more coal power plants last year than any time in the last seven years, according to

Fox News stands in legal peril. It says defamation loss would harm all media

Outside legal observers say the Fox News Channel finds itself in real legal jeopardy in a $1.6 billi