Sanctions Are Also Hurting The USA – Economic Expert

An economics lecturer at the University of Zimbabwe professor Ashok Chakravarti has argued that the USA is being adversely affected by the sanctions it imposed on Zimbabwe.

Speaking at the Centre for Strategic and International Studies (CSIS) in Washington last week, the advisor to president Mnangagwa said:

It (Zidera) also requires US executive director on the international financial institutions to vote against any new aid to Zimbabwe.

It is problematic from the Zimbabwe’s point of view, but I think it is against the US interests as well.

Chakravarti further said that the sanctions are impinging on the US strategy for Africa. He added:

It makes US companies to have commercial ties with Zimbabwe difficult.

There are reports of Islamic terrorists group moving to Southern Africa. As far as I know the Government of Zimbabwe is more than willing to cooperate with the US on this matter, but as long as Zidera is in place it is not going to happen.

The USA is adamant that the removal of the sanctions entirely depends upon the Zimbabwean government. A US diplomat recently argued that intimidation and harassment of citizens and the media by state security were a major constraint to dialogue on sanctions.

Chakravarti however argues that the new dispensation under president Mnangagwa has made efforts enough to secure the removal of sanctions.


More: The Herald

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