Close Menu
MyGhanaDaily
    Facebook X (Twitter) Instagram
    MyGhanaDaily
    Thursday, April 30
    Trending
    • Supreme Court Clears Path for Case Against Wesley Girls’ Religious Directives
    • Asiedu Nketiah Suspends North East Tour Over Security Concerns
    • Ghana Begins Sixth IMF Review as Finance Minister Highlights Reform Progress
    • NIA to Resume Ghana Card Registration for Children Aged 6–14 from May 5, 2026
    • NPRA’s Digital Platform to Boost Transparency and Expand Pension Coverage
    • GFA Announces Dates for 2026/27 Ghana Premier League Season
    • Digicoast Launches NeuroCoders Initiative to Empower Neurodiverse Youth in Tech
    • Benjamin Willie Graham Named Communications Director of Medeama SC
    Your Marketplace Banner
    • News
    • Business
    • Entertainment
      • Music
      • Movies
      • Fashion
      • Celebrity news
    • Sports
    • Health
    • Technology
    • Agriculture
    • Opportunites
    • Videos
    • More
      • Education
      • Tourism
      • History
      • Feature
      • Opinion
      • World
    MyGhanaDaily
    Home»Business»ECOWAS blocks trade, financial flows to Mali following military takeover
    Business

    ECOWAS blocks trade, financial flows to Mali following military takeover

    myghanadailyBy myghanadailyAugust 20, 2020No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Mutinying soldiers in Mali 720x375 1

    The Economic Community of West African States (ECOWAS) has suspended trade relations and financial flows to Mali following the military takeover of the country.

    ECOWAS in a statement condemned the coup and also suspended Mali from all ECOWAS decision-making.

    Send your stories to Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140

    It says the military action is likely to have an adverse impact on the peace and stability in the country and other member states.

    In addition, the country’s borders have all been closed to other member states.

    “The seizure of power intervenes within a difficult socio-political context. Indeed, ECOWAS recalls that a mediation process has been on-going during the last two months, with a view to finding a solution to this crisis,” ECOWAS said in a statement.

    The country’s military on Tuesday toppled the government over what it termed as mismanagement of the Tuareg rebellion, corruption, mismanagement of the economy and a disputed parliamentary poll.

    Mali’s President, Ibrahim Boubacar Keïta, who came into office in 2018, subsequently resigned from office.

    He had, since June, been faced with street protests.

    Find below a section of the ECOWAS statement

    Following the power grab by Malian military putschists, which is likely to have a negative impact on peace and stability in Mali and in the sub-regions, ECOWAS:

    1. Utterly condemns the overthrowing of PresidentIbrahim Boubacar Keïta’s democratically elected government.
    2. Categorically denies any kind of legitimacy to the putschists and demands the immediate reinstatement of the constitutional order.
    3. Reminds the military their accountability for the safety and security of President In and officials arrested.
    4. Demands immediate release of President Ibrahim Boubacar Keïtaand of all officials arrested.
    5. Suspends Mali from all ECOWAS decision-making bodies with immediate effect, as per the Additional Protocol of Democracy and good governance, and this until effective reinstatement of the constitutional order.
    6. Decides to close all land and air borders, as well as to stop economical, trade and financial flows and transactions between ECOWAS member states and Mali and encourages all partners to do the same.
    7. Requests the immediate activation of the ECOWAS Standby Force.
    8. Demands the immediate implementation of sanctions against all putschists and their partners and collaborators.
    9. Decides to dispatch a high-level delegation to ensure an immediate return to constitutional order.
    10. Decides to remain seized of the situation in Mali.

    Source: citinewsroom.com

    Send your news stories to
    Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140
    Advertise with us | Follow our WhatsApp channel for more news
    Business
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleRalph Mupita: Telecommunications giant MTN appoints new boss
    Next Article 101 new COVID-19 cases recorded in Ghana; death toll now 256
    myghanadaily

    myghanadaily is managed by the Publishing Desk. You can reach us via email; info@myghanadaily.com

    Related Posts

    Government Records Sixth Straight Undersubscription in Latest Treasury Bill Auction

    April 27, 2026

    PAC Summons Former Techiman Finance Officer Over GH₵1.3m Budget Over-run

    April 24, 2026

    Policy Think Tanks Urge Government to Cut Fuel Prices by GHC1.65 Amid Cost of Living Pressures

    April 14, 2026
    LATEST NEWS
    • Supreme Court Clears Path for Case Against Wesley Girls’ Religious Directives
    • Asiedu Nketiah Suspends North East Tour Over Security Concerns
    • Ghana Begins Sixth IMF Review as Finance Minister Highlights Reform Progress
    • NIA to Resume Ghana Card Registration for Children Aged 6–14 from May 5, 2026
    • NPRA’s Digital Platform to Boost Transparency and Expand Pension Coverage
    SPORTS NEWS

    MILO U-13 Champions League Returns After Five-Year Break

    November 17, 2025

    2026 FIFA WCQ: Ghana beats Mali

    September 9, 2025

    The Black Stars Podcast: A six-part dive into Ghana’s football history, struggles and sparks of glory

    August 30, 2025

    2026 World Cup qualifiers: Black Stars set to open camp on September 1

    August 27, 2025

    Felix Afena-Gyan Joins Amedspor on Season-Long Loan

    August 21, 2025
    Site Search
    No feed found with the ID 1. Go to the All Feeds page and select an ID from an existing feed.

    • About
    • Privacy
    • Terms of Service
    • Contact
    Latest News

    Supreme Court Clears Path for Case Against Wesley Girls’ Religious Directives

    April 29, 2026

    Asiedu Nketiah Suspends North East Tour Over Security Concerns

    April 29, 2026

    Ghana Begins Sixth IMF Review as Finance Minister Highlights Reform Progress

    April 29, 2026

    NIA to Resume Ghana Card Registration for Children Aged 6–14 from May 5, 2026

    April 29, 2026
    About
    About

    myghanadaily.com is one of Ghana’s fastest-growing news platforms, delivering high-quality, creative, and independent news

    Contact us: info@myghanadaily.com

    We're social, connect with us:

      • Facebook
      • Twitter
      • Instagram
      • LinkedIn
      • Youtube
      • medium
      Popular Posts

      Supreme Court Clears Path for Case Against Wesley Girls’ Religious Directives

      April 29, 2026

      Asiedu Nketiah Suspends North East Tour Over Security Concerns

      April 29, 2026

      Ghana Begins Sixth IMF Review as Finance Minister Highlights Reform Progress

      April 29, 2026

      © 2020-2024. MyGhanaDaily. All Rights Reserved

      • About
      • Privacy
      • Terms of Service
      • Contact
      Recent Posts
      • Supreme Court Clears Path for Case Against Wesley Girls’ Religious Directives
      • Asiedu Nketiah Suspends North East Tour Over Security Concerns
      • Ghana Begins Sixth IMF Review as Finance Minister Highlights Reform Progress
      • NIA to Resume Ghana Card Registration for Children Aged 6–14 from May 5, 2026
      • NPRA’s Digital Platform to Boost Transparency and Expand Pension Coverage
      Like Us On Facebook
      Loading...
      • Facebook
      • Twitter
      • Instagram
      Banner
      © 2019 -2025 Copyright | MyGhanaDaily.com

      Type above and press Enter to search. Press Esc to cancel.