Maravi

(NEWZIMBABWE, AFP) US says 'long way to go' before sanctions are lifted

COMMENT - " The European Union and the United States maintain a travel ban and asset freeze on Mugabe and his inner circle. The sanctions, however, have a far reaching effect as they prevent the Zimbabwe government and companies from accessing international lines of credit. " - those are not the sanctions which killed the Zimbabwean currency. That would be the Zimbabwe Democracy and Economic Recovery Act of 2001, specifically sections 3 (Definitions) and 4.C (Multilateral Financing Restriction).

US says 'long way to go' before sanctions are lifted
Posted to the web: 19/03/2009 17:57:18

UNITED: President Robert Mugabe chats with Finance Minister Tendai Biti at the launch of a Short-term Emergency Recovery Progamme in Harare on Thursday

ZIMBABWE'S power sharing government has "a long way to go" before the United States lifts sanctions, an official said Thursday despite an appeal for their removal.

"We have not yet seen sufficient evidence from the government of Zimbabwe that they are firmly and irrevocably on a path to inclusive and effective governance, and as well as respect for human rights and the rule of law," State Department spokesman Robert Wood told reporters.

He added: "So that government has a long way to go before we will consider ... easing sanctions with that government. We're not in any kind of discussion with ... the government of Zimbabwe on removing our targeted sanctions.

"We remain very concerned about the plight of the Zimbabwean people who have been under such terrible suffering. And we're going to continue to try to help the people of Zimbabwe.

"With regard to the government, it's got a long way to go before we will look at removing any targeted sanctions."

In Harare, Mugabe called for foreign aid to revive his nation's shattered economy and urged Washington and Brussels to end "cruel" sanctions on his inner circle.

Mugabe issued the appeal at the launch of a new economic recovery plan prepared by the month-old unity government.

The European Union and the United States maintain a travel ban and asset freeze on Mugabe and his inner circle. The sanctions, however, have a far reaching effect as they prevent the Zimbabwe government and companies from accessing international lines of credit.

Although Mugabe's long-time rival Morgan Tsvangirai became Prime Minister in a unity government last month, western countries say they will maintain the sanctions until the 85-year-old leader proves he is ready to reform.

Zimbabwe's once-dynamic economy has been crushed by world-record hyperinflation and the collapse of farming, mining and manufacturing. - AFP

Labels: SANCTIONS

posted by MrK @ 7:00 AM