US lifts sanctions targeting Eritrea’s ruling party and the military


ADDIS ABABA, Ethiopia (AP) — The United States lifted sanctions against Eritrea’s ruling party and the military that the Biden administration imposed, according to the U.S. Department of the Treasury.

The sanctions were issued in 2021 over humanitarian and human rights concerns in the northern Ethiopian region of Tigray, which suffered violent conflict at the time. Eritrean forces backed Ethiopian troops against fighters loyal to the regional government of Tigray in the conflict that ended with a peace accord in November 2022.

The Treasury’s Office of Foreign Assets Control said in a Friday statement that sanctions against some Eritrean individuals, including Hagos Ghebrehiwet, a key financial official, have been removed. The state-owned Red Sea Trading Corporation was also on the list.

Eritrean Information Minister Yemane Gebremeskel said the sanctions had been unwarranted and caused considerable damage to his country.

“In this respect, we welcome the gesture and remedial measures by the Trump Administration,” Gebremeskel told The Associated Press.

The sanctions delisting comes amid heightened concern about security in the Red Sea.

Recent Houthi advances in Yemen have increased threats to shipping through the Bab el-Mandeb Strait, while Eritrea’s southern coast and the port of Assab lie near the strategic passage connecting the Red Sea and the Gulf of Aden.

Samuel Getachew, The Associated Press



Source link

  • Related Posts

    Wall Street week ahead: housing market, unemployment updates

    NEW YORK (AP) — Wall Street will get a key update this week on the U.S. housing market, along with a regular weekly unemployment update. On Thursday, the U.S. will…

    Continue reading
    Odds of an interest rate hike from Bank of Canada this year have jumped

    OTTAWA — Traders are increasingly betting that the Bank of Canada could end its string of interest rate holds and deliver a hike as early as next month. Source link

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    EPA immediately sued over plans to repeal climate rules for power plants

    EPA immediately sued over plans to repeal climate rules for power plants

    Inside Southwest Airlines’ Secret Overnight Operation To Retrofit 10 Boeing 737s Per Night

    Inside Southwest Airlines’ Secret Overnight Operation To Retrofit 10 Boeing 737s Per Night

    Zelenskyy thanks Trump for signing ‘critically important’ Russia sanctions bill

    Zelenskyy thanks Trump for signing ‘critically important’ Russia sanctions bill

    Laporta highlights importance of Camp Nou redevelopment after €300m financing request: ‘It will be the epicentre of Barça’

    Laporta highlights importance of Camp Nou redevelopment after €300m financing request: ‘It will be the epicentre of Barça’

    Join the WIRED World Fair in Miami on November 4

    Join the WIRED World Fair in Miami on November 4

    HoYoverse’s Nodusfall might look like Elden Ring, but there’s a promising dark fantasy action game here that took me by surprise

    HoYoverse’s Nodusfall might look like Elden Ring, but there’s a promising dark fantasy action game here that took me by surprise