EU adds sanctions on Ivory Coast’s Gbagbo government

BRUSSELS (Reuters) – The EU Council said on Wednesday it had adopted new legislation imposing additional sanctions on the Ivory Coast’s government, given the serious situation in the West African country.

“Under this legislation the EU has banned the purchase of bonds and securities from and the provision of loans to the illegitimate government of Laurent Gbagbo,” the EU Council said in a statement, adding that the embargo allowed exemptions for funds to be used for humanitarian purposes.

The Council, which groups together all of the EU’s 27 member countries, said the decision would be officially published on Thursday, when the sanctions extension will take effect.

(Reporting by Rex Merrifield, editing by John O’Donnell)

EU adds sanctions on Ivory Coast’s Gbagbo government