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Junta-led Niger, Mali, Burkina Faso cut ties with ECOWAS in defiant exit

January 28, 2024
in Business
Junta-led Niger, Mali, Burkina Faso cut ties with ECOWAS in defiant exit
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In a move that threatens regional stability and economic integration, three West African nations governed by military juntas – Niger, Mali, and Burkina Faso – abruptly announced their withdrawal from the Economic Community of West African States (ECOWAS) on Sunday.

The joint declaration, a slap in the face of the bloc’s efforts to press for democratic transition, follows years of strained relations triggered by military coups in each country.

The decision marks a significant setback for ECOWAS, which suspended the three states from its ranks and imposed sanctions to nudge them back towards civilian rule. However, undeterred by pressure, the juntas have dug in their heels, rejecting timelines for elections and increasingly aligning themselves with Russia over former colonial power France.

Justifying their departure, the junta leaders argued that ECOWAS had “abandoned the ideals of its founding fathers and Pan-Africanism” by failing to support their fight against terrorism and insecurity adequately. This claim, however, rings hollow against the backdrop of ECOWAS’ repeated calls for democratic transitions and concrete offers of counter-terrorism assistance.

The consequences of this rupture are yet to be fully grasped. While the ECOWAS treaty stipulates a one-year notice period for withdrawals, whether the three countries followed protocol remains unclear. This uncertainty hangs over the future of free movement of goods and people within the 15-member bloc.

Further complicating the matter is the trio’s membership in the West African Monetary Union (UEMOA), which shares the euro-pegged CFA franc as its currency. While UEMOA had initially frozen access to its financial markets for Mali and Niger following the coups, the situation remains fluid. Mali’s access was later restored, but Niger’s suspension persists, throwing its monetary future into doubt.

The ECOWAS bloc, a cornerstone of West African economic and political cooperation, now faces a crucial juncture. Navigating the fallout of this unprecedented mass withdrawal will require diplomatic finesse and a firm commitment to democracy and regional unity.

Whether the bloc can weather this storm and emerge stronger remains to be seen, but the ramifications of this defiant exit ripple far beyond the borders of the three departing states.

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Copyright for syndicated content belongs to the linked Source : Businessday.ng – https://businessday.ng/news/article/junta-led-niger-mali-burkina-faso-cut-ties-with-ecowas-in-defiant-exit/

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