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According to UN experts and other analysts, more than half – and by some estimates as much as 70% – of Sudan’s gold is smuggled out of the country each year. <\/p>\n
The RSF controls most goldfields in Darfur and Kordofan – in the western and central areas of the country, while the Sudanese army oversees production in northern and eastern regions.<\/p>\n
The gold is often trafficked through neighbouring countries, including Egypt, Chad and Libya, before reaching Dubai in the United Arab Emirates (UAE), a major global hub for gold refining and trade.<\/p>\n
“Gold has become a key source of revenue sustaining the conflict in Sudan,” the EU Council said in a statement, adding that the ban and other restrictions were designed to “reduce the resources” available to those responsible for perpetuating the violence.<\/p>\n
“The measures are designed to curb sources of financing for the conflict and further increase pressure on those fuelling the war,” it added. <\/p>\n
Under the restrictive measures, EU individuals and companies are prohibited from purchasing, importing or transporting gold originating in Sudan.<\/p>\n
Mercury and cyanide needed for humanitarian and public-health purposes are not subject to the EU’s export ban.<\/p>\n
The latest restrictions expand a broader EU sanctions regime that has already targeted individuals and entities accused of fuelling the conflict. <\/p>\n
However, experts have warned that sanctions alone are unlikely to halt the trade unless major international gold trading hubs and regional transit routes also tighten enforcement against illicit Sudanese gold.<\/p>\n
International pressure has been increasing on the backers of this conflict to disengage as aid agencies estimate that more than 28 million people in Suan are facing acute hunger.<\/p>\n<\/div>\n
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