EU likely to lift 'ruinous' economic sanctions against Zim – report

2018-01-24 12:29

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Madrid – Some European Union (EU) countries have reportedly expressed their intention to have sanctions imposed on Zimbabwe for nearly two decades lifted.

According to the state-owned Herald newspaper, some countries under the EU were considering advocating for the lifting of the sanctions in response to recent political developments in the southern African country.

The honorary consul for Zimbabwe in Spain, Jose Maria Camallonga was quoted as saying that President Emmerson Mnangagwa’s optimism and enthusiasm towards reforms had convinced some countries in the European block to request regional executives to lift the sanctions imposed on the African country.

The EU and the United States imposed sanctions against Zimbabwe in 2000 after they accused ex-president Robert Mugabe of trampling on human rights, rigging elections and repression of press freedom - accusations that the veteran leader denied. 

The sanctions led to devastating economic challenges, with the country reportedly now sitting with about 85% unemployment.

"The lifting of the sanctions would mean a substantial boost to Zimbabwe’s economy, especially in terms of foreign investments. Once the sanctions have been lifted and reforms are under way, Zimbabwe can start to attract businesses to carry out investment and projects in numerous sectors such as mining, tourism and infrastructure," Camallonga was quoted as saying.

This came almost a month after the Mnangagwa's government slammed the main opposition Movement for Democratic Change (MDC) Alliance for reportedly advocating for the continuation of the "ruinous" sanctions.

A delegation from the MDC Alliance reportedly urged US lawmakers in December to maintain the same policies against Zimbabwe.


Read more on:    eu  |  emmerson mnangagwa  |  tendai biti  |  robert mugabe  |  us  |  zimbabwe  |  southern africa

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

Inside News24

 
/News
Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.