Politics
Hope as US eases Zim sanctions
We hope that business, financial institutions and investors have a new look at Zimbabwe’s markets and connections with its people
By Albert Masaka
A HEAVY economic burden has been lifted on Zimbabwe following the recent termination by US President Joe Biden of the Zimbabwe sanctions programme which has been effect since 2003.
On March 4 Biden signed an executive order terminating the Zimbabwe sanctions programme.
On the same day the OPAC designated 11 individuals and three entities citing what it said was their involvement in human rights abuses and corruption.
During a press conference held in Harare on Wednesday, US embassy Charge d’ Affairs Laurence Socha reaffirmed his country’s commitment to working with the people of Zimbabwe.
We see it as an opportunity for business to have a new look at Zimbabwe
US embassy HARARE Charge d’ Affairs Laurence Socha
It was hard under a previous programme titled the Zimbabwe Sactions programme to get away from perceptions that you could not do business in Zimbabwe, tha’ts not true
We hope that business, financial institutions and investors have a new look at Zimbabwe’s markets and connections with its people
“We are refocusing our sanctions on specific and clear individuals and entities”
We continue to urge the government of Zimbabwe to take concrete steps to more open and democratic governance including addressing corruption and protecting human rights.