Zimbabwe reveals strategy to escape US sanctions

zim flagfrom ALFRED SHILONGO in Windhoek, Namibia
WINDHOEK, (CAJ News) – ZIMBABWE is to intensify cooperation with regional, continental and other friendly nations to evade the impact of sanctions recently imposed by the United States (US).

President-elect, Emmerson Mnangagwa, confirmed the plans at the just-ended Southern African Development Community (SADC) conference in Windhoek, Namibia.

He said Zimbabwe would focus mainly on strengthening relations with SADC, African Union (AU) member states and the Brazil, Russia, India, China and South Africa (BRICS) grouping.

“America is not the only country in the world,” Mnangagwa said.

“There are so many other countries such as those in BRICS. We have China, Russia and South Africa. We have India. All these countries are co-operating. Why would we cry?” Mnangagwa quipped.

He said all Southern African countries had cordial relationships with Zimbabwe, hence the impact of sanctions would be evaded.

“If we are going to cry because some capital elsewhere is imposing sanctions, then we will fail our nation,” Mnangagwa said.

Namibia-based Zimbabwean entrepreneur, Liberty Zimuto, accused the US of attempting regime change in the country by siding with the opposition Movement for Democratic Change (MDC) Alliance.

“USA wants to bully us into submitting to its demands of making sure that the MDC is placed at the helm of Zimbabwean leadership,” Zimuto said.

“It should be known to the USA that its dreams of seeing an MDC led Zimbabwe will never come to fruition,” he added.

Sharai Shoko, also an entrepreneur based in Walvis Bay, Namibia, urged Zimbabwe to engage with neighbouring countries (SADC), AU and BRICS arguing there were vast opportunities through synergies.

“This will assist us realise our full potential,” Shoko said.

Elfas Manunure, another Zimbabwean based in Namibia, said the US was abusing its economic clout in the international financial system.

“America stands condemned for being an uncivilized bully,” he said.

US President, Donald Trump, last week signed into law the amended Zimbabwe Democracy and Economic Recovery Amendment Act (ZIDERA) aimed at continued sanctions against Zimbabwe.

ZIDERA was established in reaction to alleged human rights abuse by the previous Zimbabwean government of Robert Mugabe.
– CAJ News

Short URL: http://cajnewsafrica.com/?p=27751

Posted by on Aug 20 2018. Filed under Africa & World, Featured, Finance, Investing, National, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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