He said that the sanctions were lifted to promote trade and benefits derived from several regional projects and programmes including the Regional Food Security Reserve.

“The regional support programme for powerful pastoralism in the Sahel, which is being funded by the World Bank to the tune of 215 million US dollars is also a project that benefits the three countries.

“The three countries also benefit from the Sahel regional irrigation support programme, which is being funded by the World Bank to the tune of 103 million US dollars.

“The three regional food systems resilient support programme in the amount of 230 million, funded by the World Bank is also benefiting the three countries.

“West African single identity and regional integration and inclusion project is another programme that the three countries benefit from.”

He said that other projects the countries benefit from are the ECOWAS regional electricity market, and the West African Power Pool project, which links member states to a regional electricity grid for improved access to electricity.

He said not lifting the sanction would result in the halt or the suspension of all ECOWAS projects and programmes worth more than 500 million US dollars.

Touray said that the projects collectively valued at approximately 321.6 million U.S. dollars.

“Reviewing the implications at the institutional level, the authority notes that the withdrawal will not only require the closure of four regional entities in Burkina Faso, two regional bodies in Mali, and one regional office in Asia.

“It will also affect the job security of some 130 ECOWAS staff who are citizens of the three countries. Currently, 77 staff members are from Burkina Faso, 23 are from Mali, and 32 are from Niger.

 

NAN