Home » General » ZIMBABWE READY FOR SERIOUS RE-ENGAGEMEN WITH THE WEST, SAYS NEW PRESIDENT

HARARE, Zimbabwe's new President, Emmerson Mnangagwa, says the the country is ready for serious re-engagement with the West which have slapped sanction upon the country for nearly two decades.

The United States and the European Union (EU) imposed sanctions on Zimbabwe in the early 2000s following political differences over Harare's land redistribution programme which saw White farmers being dispossessed of large tracts of productive agricultural land to resettle landless Blacks.

The sanctions, partly blamed for the country's current economic problems, are estimated to have cost the country mire than 40 billion US dollars in potential revenues.

Speaking at his inauguration as the country's second President, succeeding thew long-serving former President Rober Mugabe, here Friday, President Mnangagwa said Zimbabwe never deserved to be maligned or economically and

politically mistreated".

I stand here to say that our country is ready for a sturdy re-engagement programme with all nations of the world, he said.

As we bear no malice towards any nation, we ask those who have punished us in the past to reconsider their economic and political sanctions against us.

He said his administration would take definite steps to re-engage countries which have had issues with Zimbabwe. In this global world, no nation is, can or need be an island, one unto itself, he said.

Mnangagwa, however, expressed reservations on some bigger nations which he said had tried to make us bend to their dictates, working feverishly to confine us to the pariah status>

Meanwhile, Mnangagwa said Zimbabwe would make an effort to honour its long-standing local and international debts.

Of course resources are sparse, especially at this stage when we face myriad pressure, but we count on the goodwill of those we owe to give us a chance, he said.

Zimbabwe owes bilateral and multilateral lenders billions of dollars in loans which the country has struggled to service over the years.

Source: NAM NEWS NETWORK

HARARE, Zimbabwe's new President, Emmerson Mnangagwa, says the the country is ready for serious re-engagement with the West which have slapped sanction upon the country for nearly two decades.

The United States and the European Union (EU) imposed sanctions on Zimbabwe in the early 2000s following political differences over Harare's land redistribution programme which saw White farmers being dispossessed of large tracts of productive agricultural land to resettle landless Blacks.

The sanctions, partly blamed for the country's current economic problems, are estimated to have cost the country mire than 40 billion US dollars in potential revenues.

Speaking at his inauguration as the country's second President, succeeding thew long-serving former President Rober Mugabe, here Friday, President Mnangagwa said Zimbabwe never deserved to be maligned or economically and

politically mistreated".

I stand here to say that our country is ready for a sturdy re-engagement programme with all nations of the world, he said.

As we bear no malice towards any nation, we ask those who have punished us in the past to reconsider their economic and political sanctions against us.

He said his administration would take definite steps to re-engage countries which have had issues with Zimbabwe. In this global world, no nation is, can or need be an island, one unto itself, he said.

Mnangagwa, however, expressed reservations on some bigger nations which he said had tried to make us bend to their dictates, working feverishly to confine us to the pariah status>

Meanwhile, Mnangagwa said Zimbabwe would make an effort to honour its long-standing local and international debts.

Of course resources are sparse, especially at this stage when we face myriad pressure, but we count on the goodwill of those we owe to give us a chance, he said.

Zimbabwe owes bilateral and multilateral lenders billions of dollars in loans which the country has struggled to service over the years.

Source: NAM NEWS NETWORK

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