President Mnangagwa says Zim unfazed by US sanctions

20 Aug, 2018 - 13:08 0 Views
President Mnangagwa says Zim unfazed by US sanctions President Mnangagwa

eBusiness Weekly

WINDHOEK – President Emmerson Mnangagwa on  Saturday said his government would not be hindered by sanctions imposed  on the country by the United States of America.

In an interview with Namibian media on the sidelines of the SADC  Summit, he said the Southern African nation has to find ways to survive.

“If we are going to cry because some capital elsewhere is imposing  sanctions, then we will have failed our nation. We must look at the  resources which we have and utilise those resources which we have to the  maximum, for the benefit of our country,” he said.

He said in the absence of cooperation from the US, Zimbabwe would  exploit existing economic relations with emerging countries and  groupings, for her benefit.

“We are enjoying support from Sadc and we must cooperate with Sadc in  order to move forward. We enjoy support from AU (African Union); again  we must exploit that support we get from the continent to succeed.

“We enjoy support from other countries, other than America. America is  not the only country in the world.

“There are so many other countries, we have Brazil cooperating in the  BRICS, we have China cooperating in the BRICS; we have Russia and South  Africa, India and all these countries are cooperating. Why would we cry  about the US?” he asked.

President Mnangagwa said his government would implement economic  reforms aimed at attracting both foreign and domestic investment.

“Wherever there are restrictions which affect the flow of global  capital into our economy, it should be removed,” he said.

Turning to the regional bloc, President Mnangagwa commended the zeal by  leaders to integrate SADC countries.

“There is a new crop of leadership in Sadc and I do not see any  hesitation , we have been having consultations on the sidelines of the  summit and my impression is that every single leader now in SADC is  anxious to integrate and I have no doubt that we all mean well.

“I believe that the environment in Sadc is such that we are likely to  do better, than in the past in that area of integration in our region  because we also feel that we are remaining behind issues of integration  if we compare ourselves with the four regions of our continent and we  would want to leap frog and move forward together to catch up with them  and in fact, overtake them,” he said. – New Ziana

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