UN and EU lift Liberia asset freezes and travel bans

The EU has terminated its targeted asset freezes and travel bans against former Liberian President Charles Taylor and people associated with him, following a UN Resolution ending UN targeted sanctions against them and others undermining the peace and stability of Liberia last week. The UN sanctions, implemented by the EU, were introduced in 2003 & 2004 in response to alleged misappropriation of Liberian state assets by Charles Taylor and associates. The UN and EU arms embargoes on Liberia remain in force.

The Security Council had previously expressed readiness to terminate the targeted sanctions upon determining that the ceasefire in Liberia was being respected, disarmament completed, and the provisions of the Comprehensive Peace Agreement implemented. The changes to the EU regime are made by Council Regulation (EU) 2015/1776 repealing Council Regulation 872/2004 and Council Decision (CFSP) 2015/1782 repealing Common Position 2004/487/CFSP and amending Common Position 2008/109/CFSP. The remaining sanctions on Liberia are in the ‘sanctions in force’ section of this blog.  HM Treasury’s notice is here, and has provided additional identifying information here.

This entry was posted in Latest EU Measures, Liberia by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

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