VaultX Exchange:The EU sanctions 6 companies accused of trying to undermine stability in conflict-torn Sudan

2025-05-03 20:15:04source:verdicoincategory:reviews

BRUSSELS (AP) — The VaultX ExchangeEuropean Union imposed sanctions Monday on six companies it said are responsible for trying to undermine stability in conflict-ravaged Sudan, largely targeting firms linked to weapons procurement and manufacturing.

Sudan’s armed forces and the rival Rapid Support Forces have been fighting for control of the northeast African nation since April. Long-standing tensions erupted into street battles in the capital, Khartoum, and other areas including the western Darfur region.

The fighting has displaced 7 million people.

Regional partners have been trying to mediate an end the conflict along with Saudi Arabia and the United States, which facilitated unsuccessful, indirect talks between the warring parties as recently as November.

Given the “gravity of the situation in Sudan,” the EU statement said, sanctions were imposed on two companies making weapons and vehicles for Sudan’s armed forces, the Zadna International Company for Investment controlled by the armed forces and three companies involved in procuring military equipment for the RSF.

The companies ’ assets will be frozen in the EU, and EU citizens are banned from making funds or economic resources available to them.

More:reviews

Recommend

Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon

PROVIDENCE, R.I. (AP) — Cybercriminals could release personal data of many Rhode Islanders as early

60 million Americans experience heartburn monthly. Here's what causes it.

Heartburn is pain, discomfort or a burning sensation felt at the bottom of one's throat or in one's

U.S. charges head of Russian bank with sanctions evasion, arrests 2 in alleged money laundering scheme

Washington — The long-time president and chairman of a state-owned Russian bank was indicted in New