Categories: Stories

European Union renews sanctions on Zimbabwe removes Grace, Chiwenga and Sibanda

The measures in place are targeted and very limited, therefore they do not affect the people of Zimbabwe, its economy, foreign direct investments, or trade. Zimbabwe continues to benefit from duty free and quota free access of its exports to the EU, while negotiations are ongoing to deepen the Eastern and Southern Africa (ESA) Economic Partnership Agreement. There is significant potential in terms of investments and jobs opportunities, if structural bottlenecks were to be addressed, and political and economic reforms, including enhancing trust in the rule of law, tackling corruption and respect for human rights, are implemented.

The EU reiterates its readiness to support credible and sustainable economic and political reforms, based on tangible commitments made by the Government of Zimbabwe. The EU will continue to support the people of Zimbabwe focusing on three priority areas as aligned with the Zimbabwe’s National Development Strategy: (i) good governance and citizens’ rights; (ii) green economic growth and; (iii) social recovery and human development.  The EU commits itself to enhancing common efforts on addressing climate change on the basis of the Zimbabwean and EU commitments at COP26. The EU will continue to support the Zimbabwean people with humanitarian assistance, in case of need.

The EU follows closely the electoral agenda in Zimbabwe and stands ready to continue its support to electoral reforms – an important pillar to strengthen democracy – based on the recommendations of the 2018 EU Election Observation Mission. The EU is preparing for a follow up mission. Moreover, the EU welcomes the reassurances given by the authorities of Zimbabwe that they will be inviting international electoral observers for the 2023 elections including an EU Election Observation Mission.

As an integral element of its engagement with Zimbabwe, the EU looks forward to have a political dialogue in Harare as a matter of priority and notes the readiness of both sides to organize this dialogue in the near future. The political dialogue will provide an opportunity for regular and open discussions, on many subjects, including on economy and human rights. The political dialogue is key in fostering mutual understanding and constructive cooperation, paving the way for progress in the relations.

(237 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

Page: 1 2

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

ZiG falls against US dollar

Zimbabwe’s new currency today fell against the United States for the first time since its…

April 25, 2024

ZiG plays havoc on the Zimbabwe Stock Exchange

Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market…

April 24, 2024

Jonathan Moyo tells Mushayavanhu to stick to monetary policy and leave money changers to the police

One bane of recent public discourse in Zimbabwe is not only that it is never…

April 23, 2024

ZiG kicks off third week on a stronger note

Zimbabwe’s new currency kicked off its third week on a stronger note raising questions as…

April 22, 2024

Zimbabwe asks US to tell its banks they can now deal with Harare

Zimbabwe Finance Minister Mthuli Ncube is asking the US government to tell banks that they…

April 20, 2024

Zimbabwe worried ZiG is appreciating too fast?

Zimbabwe, whose currency declined 80% this year before being abandoned, is now worried about its…

April 19, 2024