World Economic Giants Contesting To Influence Zimbabwe

Recent developments point towards a continued contest amongst world giants to win Zimbabwe.

On Thursday, the United States opened a remarkably large and expensive embassy in Harare. The U.S. ambassador to Zimbabwe described it as a symbol of America’s commitment to the people of Zimbabwe. This attracted several responses with some arguing that the USA was not being genuine as its sanctions are still on Zimbabwe.

Officially launching the embassy, Ambassador Brian Nichols said:

In addition to structures, we built relationships across a network of service providers. We look forward to deepening those relationships.

The United States aspires to strengthen its partnership with Zimbabwe and to expand trade and investment between our countries. Embracing political and economic reform is the key to achieving these goals.

Japan, perceived to be one of US’ allies, also recently pledged to support Zimbabwe on technology and infrastructure. This was revealed by the Japanese Ambassador to Zimbabwe Toshiyuki Iwado at an event held to commemorate the ascension of Japan’s new Emperor Naruhito. Japan together with India has had reservations on Chinese initiatives globally. However, their combined investments in Africa do match those of China

On the other hand, China announced plans this week to build a cultural center in Harare to cement its partnership with Zimbabwe on the Belt and Road Initiative (BRI). Chinese Ambassador Guo Shaochun praised China’s “great partnership” with Zimbabwe and “fruitful” cooperation on cultural and educational issues. However, China has been accused of exploiting African resources and offering unsustainable lines of credit to its deemed friends.

Related:

More: The Zimbabwe Mail


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