Russia poised to boost Zimbabwe’s socio-economic development

…labels U.S, E.U sanctions illegitimate.

Russian government has committed to promoting Zimbabwe’s socio-economic development by enhancing investment cooperation with the Southern African country, in a bid to help it overcome the consequences of U.S. and EU sanctions.

The Russian Foreign Ministry announced this on Sunday, the day of solidarity against restrictions imposed on Zimbabwe.

“We intend to further contribute to the socio-economic development of this state, as well as to help it overcome the disastrous consequences of these sanctions by building up mutually beneficial investment.

“And also by building scientific and technical cooperation as part of implementation of the existing bilateral Russian-Zimbabwean agreements at the highest level,” the statement said.

“We express our solidarity with the position of SADC countries, demanding the immediate lifting of illegitimate restrictive measures against Zimbabwe, which is a full-fledged member of the international community.

“We recall that in 2002-2003, the U.S. and the EU, bypassing the UN Security Council, imposed a number of coercive measures, including blocking Zimbabwe’s access to loans from international financial institutions,” the statement said.

According to the ministry, these restrictions not only undermine the authority and prerogatives of the main UN body, but also directly harm the population of the African state.

Loading

LEAVE A REPLY

Please enter your comment!
Please enter your name here