EU Sanction Regulation in respect of Ivory Coast

On 15 January 2011 the EU adopted Council Regulation No 25/2011 which took immediate effect in EU Member States.

The aim of the Regulation is to widen the scope of sanctions contained in the former EU Regulation No. 560/2005 which in turn was adopted to implement the UN Security Council Resolution 1572 of 2004. The latter introduced financial sanctions against persons identified by the UN Sanctions Committee as constituting a threat to the process of reconciliation in the Ivory Coast.

As far as the Members and the Association are concerned, the main features of the EU Regulation No 25/2011 are the following:

'Article 13

This Regulation shall apply:

(a) within the territory of the Union, including its airspace;

(b) on board any aircraft or any vessel under the jurisdiction of a Member State;

(c) to any person inside or outside the territory of the Union who is a national of a Member State;

(d) to any legal person, entity or body which is incorporated or constituted under the law of a Member State;

(e) to any legal person, entity or body in respect of any business done in whole or in part within the Union.'

The newly sanctioned parties are listed in Annex 1A of the Regulation, and consists of 87 individuals and 11 entities said to be associated with the government of President Gbagbo. The entities listed include:

Port of Abidian

Port of San Pedro

PETROCI

National Petroleum Company of Cote d'Ivoire

SIR (Ivorian Refinery Company)