Don’t miss the latest developments in business and finance.

Obama administration lifts sanctions on Ivory Coast

Image
AP Washington
Last Updated : Sep 14 2016 | 10:42 PM IST
The Obama administration is lifting sanctions on the Ivory Coast in recognition of its steps to strengthen democratic institutions.
President Barack Obama removed the sanctions in an executive order signed today.
The order ends the declaration of a national emergency regarding the Ivory Coast.
White House spokesman Ned Price says the Ivory Coast has made "extraordinary progress" since its civil war ended in 2011.
He's pointing to a successful election and better handling of arms and illicit trafficking.
Price says challenges remain for the Ivory Coast, including land reform and economic growth.
But he says the country has taken important steps to reconcile the differences that led to war.
The sanctions had been in place since 2006.

Also Read

First Published: Sep 14 2016 | 10:42 PM IST

Next Story