The European Union (EU) reiterated its commitment to supporting South Sudan’s transition to a democratic and stable country during a workshop on anti-money laundering, counter terrorism financing, and counter proliferation of weapons of mass destruction in Juba. The Deputy Head of the EU Delegation in South Sudan, Lothar Jaschke, emphasized the significance of addressing money laundering and terrorist financing issues, highlighting their negative impact on security, stability, and economic development. With South Sudan being grey-listed by the Financial Action Task Force (FAFT) due to corrupt practices and illicit fund flows, the EU sees the country as a threat to its financial interests.
Despite challenges, the EU has a history of supporting South Sudan’s efforts to combat money laundering and terrorism financing. The workshop served as a platform to assess progress and discuss next steps towards implementing the Action Plan. In light of the government’s decision to postpone the 2024 elections until 2026, South Sudan continues to grapple with economic hardships, including unpaid civil servants and disruptions in oil exports.
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