Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. Experts: ECOWAS Decision to Close Borders with Mali Will Hurt Regional Trade, Stability Timothy Obiezu ABUJA - Members of the Economic Community of West African States, or ECOWAS, shut down all their land and air borders with Mali on Wednesday after its president announced his resignation following a military mutiny. ECOWAS said in a statement that it will also halt trade relations with Mali. The announcement was made in a statement released by ECOWAS from its headquarters in Nigeria after rebel soldiers seized and detained Mali's President, Ibrahim Boubacar Keita and his prime minister. The regional body is also threatening stricter measures on trade with Mali but macroeconomic analyst Ken Ife says this will have negative repercussions on Mali's economy. .