European Union Urges Zimbabwe To Speed Up Economic Reforms

The European Union (EU) has urged the government to speed up economic reforms to attract foreign investors. Zimbabwe attracts less than $400 million in foreign direct investment (FDI) per year compared to a regional average of $800 million.

European Union ambassador to Zimbabwe Philippe Van Damme told journalists on Thursday:

We strongly urge and recommend the government to maintain on the top of its agenda the reforms that create an environment conducive to investment and which may lead to poverty reduction.

More: The Source