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Vol 52 No 3

Published 4th February 2011

Côte d'Ivoire

Squeezing Gbagbo's budget

African and European sanctions could take months to bite while the political and security crisis grows daily in Abidjan

Europe is adding its own sanctions to the pressure on President Laurent Gbagbo from Africa's regional organisations to force him to stand down in the post-election stand off. At the same time, Gbagbo is stepping up pressure on Alassane Dramane Ouattara ('ADO'), his election rival whom the United Nations and African Union say won the second round of the presidential election on 28 November (AC Vol 51 No 25). On 14 January, the European Union froze the Gbagbo family's assets and those of 18 members of his team, and extended the visa ban imposed on 22 December on the same individuals and others who 'obstruct the process of peace and national reconciliation in Côte d'Ivoire'. About 90 people and eleven parastatal companies are now on the sanctions list.

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