Parker- card assignment

Parker- card assignment - Parker Homework 1 Country...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Parker Homework 1- Country Specific Sanctions EU suspends development aid to Madagascar 03 June 2010, 15:28 CET — filed under: unrest , Madagascar , Council of Ministers , sanctions http://www.eu2010.es/en/agenda/consejoministros/evento191.html The council of Justice and Home Affairs writes, ( LUXEMBOURG ) - The European Union on Thursday sanctioned Madagascar on Thursday over the "unacceptable" actions of its "de facto authorities" who seized power last year, by slashing funds. Interior ministers meeting in Luxembourg formally endorsed the move to suspend all budgetary aid to Madagascar as well as development funds. The EU move came three days after Andry Rajoelina, who grabbed power in an army-backed coup in March 2009, appointed generals as head of the armed forces and police, with military men also taking the health, fishing and environment ministries. Prime Minister Camille Vital, a retired general, remains at the top of the government. Rajoelina had announced plans to reshuffle the government after the failure of the latest round of internationally backed talks at ending the country's political crisis at the beginning of the month . EU humanitarian aid, and other operations already under way will continue except for activities and payments directly involving the government and its agencies. "The EU considers the forcible transfer of power in Madagascar on 17 March 2009 a serious violation of democracy and the rule of law," the 27 member states agreed. Since then there has been no consensus on the implementation of political agreements signed by the country's factions last year."Instead, the de facto authorities have unilaterally announced a roadmap for transition," which the EU considers "unacceptable" hence the need for "appropriate measures," the European Union statement continued.Rajoelina has announced a political transition plan culminating in a presidential election in November in which he said he would not run. The AU sanctions have totally isolated the current Malagasy regime. Madagascar's trade relations are severed or in the process of becoming [severed] so. International donors have cut their aid. And, starting with Africa, the regime's assets abroad will be frozen. The AU sanctions are the first to hit the ruling class directly, and are expected to be followed up by other nations, in particular Europe and the US. Other sanctions have hit the aid and trade dependent Malagasy economy strongly. Budgets have been drastically reduced due to development aid cuts, and especially the education sector is suffering. Trade has been dramatically reduced as access to US markets is now hindered by customs barriers. The EU is to follow. As a result, unemployment rates have already risen strongly and poverty is again on the rise. An estimated 230,000 jobs have been lost. World Bank figures released on 1 February showed that last year economic growth in Madagascar collapsed to just 0.6 percent compared with 7 percent in 2008. A zero growth is expected this year.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 14

Parker- card assignment - Parker Homework 1 Country...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online