On January 9, the West African bloc ECOWAS and the West African Economic and Monetary Union (also known under the French acronym, UEMOA) imposed economic and diplomatic sanctions against Mali. The sanctions imposed on the Malian authorities include freezing Malian assets within ECOWAS commercial banks, the Central Bank of West African States (BCEAO), and the central banks of ECOWAS member countries. They also plan to cut off financial aid to Mali, close the borders between Mali and ECOWAS member states, suspend transactions with Mali, and withdraw ambassadors from all member countries within Mali.
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