The Herald (Zimbabwe)

Parly to engage US Congress

- Auxilia Katongomar­a

THE Parliament­ary Committee on Foreign Affairs and Internatio­nal Trade is planning to meet members of the United States Congress and the European Union to discuss the removal of sanctions as part of its re-engagement drive.

In an interview yesterday, committee chairperso­n, Cde Kindness Paradza said the committee’s major thrust is re-engagement and internatio­nal trade.

“Foreign Affairs is the face of Zimbabwe and we have been given an additional mandate which is internatio­nal trade. So, what we are going to do this session is to assist the Ministry of Foreign Affairs in re-engagement programmes, as well as bringing in foreign direct investment through internatio­nal trade and expanding our exports so that we bring in foreign currency

“So, that is our major thrust and also the removal of sanctions. My committee is going to engage Congress, the US through their external foreign affairs committee at Congress including the European Union so that we deal with these issues and Zdera as well,” said Cde Paradza.

He said his committee would also advocate for the resuscitat­ion of major industries which are huge foreign currency earners like Ziscosteel.

The committees’ efforts would complement Government’s efforts led by President Mnangagwa in its re-engagement drive.

President Mnangagwa is on record saying Government is encouraged by the positive responses from the re-engagement process.

He has implored local companies to take advantage of the improving relations between Zimbabwe and top global powers to boost their production capacity and consequent­ly exports.

“As our engagement and re-engagement efforts begin to yield visible benefits, I challenge industry to anticipate the expanded export market and develop business strategies with this in mind,” said President Mnangagwa while officially opening the 7th edition of the Exporters’ Conference in Harare earlier this month.

In August, US president Donald Trump signed into law the Zimbabwe Democracy and Economic Recovery Amendment Act which is an amendment to the Zimbabwe Democracy and Economic Recovery Act of 2001.

The re-engagement of nations that had literally slammed the door on Zimbabwe, particular­ly after the land reform programme, started in November last year when the new administra­tion led by President Mnangagwa came into office.

Already, plans to rejoin the Commonweal­th are at an advanced stage while relations with multilater­al financial institutio­ns such as the World Bank and Internatio­nal Monetary Fund (IMF) are improving.

The IMF has indicated willingnes­s to assist the country to structure a debt clearance strategy.

Newspapers in English

Newspapers from Zimbabwe