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Zimbabwe free to trade with US

Elaine French, Charg√© d’Affaires at the Embassy of the United States of America in Zimbabwe, said the imposition of sanctions on 11 Zimbabweans, including President Emmerson Mnangagwa and Vice President Constantino Chiwenga, does not impede her country’s ability to invest or trade. with Zimbabwe.

Speech In an interview With AB Communications editor-in-chief Moses Matenga on the sidelines of the Zimbabwe International Trade Fair (ZITF), where the embassy was exhibiting, French said the appointment of the 11 people creates an opportunity for the government to address the human rights abuses and promote good. governance.

On March 4, 2024, US President Joe Biden ended the sanctions program on Zimbabwe, while the country’s Treasury imposed new restrictive measures under the Global Magnitsky Act of 2016, toughening sanctions against Mnangagwa and 10 others. .

Matenga asked French about the various interpretations on Biden’s announcement in March and asked about the current position on sanctions against Zimbabwe after March 4, 2024. In response, French said:

A lot has come to light lately and it is mainly because on March 4, President Biden announced the termination of the Zimbabwe sanctions program and designated 11 individuals and three companies in the sanctions program and we believe here at the Embassy of the United States in Harare that this is actually creating an opportunity for the government to commit to key reforms, particularly on human rights abuses, good governance and the fight against corruption.

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We also see this as an opportunity for businesses, investors and banks to take a fresh look at Zimbabwe and see the opportunities here and consider investing in Zimbabwe.

The U.S. Embassy is doing everything it can in trying to engage and educate U.S. businesses and what sanctions are and are not.

This new approach (on sanctions) is a global sanctions program that the United States has around the world.

Honestly, the fact that we have people on the list does not impede our ability to invest or trade with these countries.

Asked to comment on the Zimbabwe government’s claim that keeping Mnangagwa on the sanctions list betrays claims that there are no further sanctions against Zimbabwe for the time being, French reiterated the US Embassy’s stance that There are not and never have been any sanctions against the country of Zimbabwe or the people of Zimbabwe. She added:

The Zimbabwe Sanctions Program had an extensive list of companies and individuals. This new designation only has 11 individuals and three companies.

We do not believe that 11 individuals and three companies equal 16 million people. We cannot allow 11 individuals to undermine the productivity capacity of 16 million Zimbabweans.

We really feel like they’re creating a false narrative. We truly believe that 16 million Zimbabweans can do a lot to trade with the United States.

We truly believe strongly that the majority of Zimbabweans are free to trade with the United States.

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