EU Targets Sudan's Gold Sector with New Sectoral Sanctions
The European Union has significantly broadened its Sudan sanctions framework by adding sectoral restrictions aimed at the country's gold industry. Regulation (EU) 2026/1724, which amends the existing Regulation (EU) 2023/2147, introduces a set of far-reaching prohibitions.
Under the new rules, it is now forbidden to purchase, import, or transfer gold of Sudanese origin if it has been exported from Sudan into the EU or into any third country after 15 July 2026.
The amendment also bans the sale, supply, transfer, or export of goods that could be used for gold mining or exploitation in Sudan. Mercury and cyanide — key chemicals in gold processing — are explicitly covered by this restriction, although an exemption applies where these substances are used for humanitarian purposes.
In addition, the EU has prohibited the provision of technical assistance, brokering, and other related services connected to gold or mining equipment, as well as any financial assistance or financing linked to gold extraction activities in Sudan.
Under the new rules, it is now forbidden to purchase, import, or transfer gold of Sudanese origin if it has been exported from Sudan into the EU or into any third country after 15 July 2026.
The amendment also bans the sale, supply, transfer, or export of goods that could be used for gold mining or exploitation in Sudan. Mercury and cyanide — key chemicals in gold processing — are explicitly covered by this restriction, although an exemption applies where these substances are used for humanitarian purposes.
In addition, the EU has prohibited the provision of technical assistance, brokering, and other related services connected to gold or mining equipment, as well as any financial assistance or financing linked to gold extraction activities in Sudan.
- According to the EU, gold has become one of the main revenue streams fuelling the armed conflict in Sudan, which erupted in 2023. Companies dealing in precious metals, mining supplies, or related financial services should review their exposure to Sudanese counterparties without delay.
