Economic sanctions renewed by EU in Zimbabwe

The EU has yet again renewed the economic sanctions in Zimbabwe.

“Taking into account the situation in Zimbabwe, including the yet to be investigated alleged role of the armed and security forces in human rights abuses, the Council today agreed to renew its arms embargo and targeted assets freeze against one company, Zimbabwe Defence Industries, for one year until 20 February 2021. The existing restrictive measures against four individuals are suspended.  The arms embargo, as well as the asset freeze against Zimbabwe Defence Industries, do not affect the Zimbabwean economy, foreign direct investment, or trade.” the statement said

The statement has also provided the background into the initial procedures.

“Restrictive measures were initially introduced in February 2002, when the Council expressed grave concern at the situation in Zimbabwe, in particular with regard to serious human rights violations by the country’s government at the time.The Council conclusions highlight that the EU stands ready to review the whole range of its policies at any time, when justified, based on developments in the country.”

Leave a Comment

Your email address will not be published.

You may like

In the news
Load More