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EU to resume finance cooperation with Zimbabwe

───   07:46 Fri, 31 Oct 2014

EU to resume finance cooperation with Zimbabwe | News Article

Harare - The European Union will resume development and finance cooperation with Zimbabwe this weekend when part of the sanctions imposed on President Robert Mugabe's government over rights abuses expire.

EU ambassador Philippe Van Damme says beginning next year until 2020 the EU will inject $300 million in development aid targeting health, agriculture and governance.
 
Van Damme says the EU has reached a very important stage in the normalisation of relations with Zimbabwe and can now fully engage on development policies of this government.
 
He says for now, the EU would keep the sanctions against Mugabe and several members of his inner circle and will review them in February.
 
The Mugabe-targeted sanctions, which include an arms embargo, asset freeze and travel restrictions, were imposed in 2002 over rights violations.
 
Sapa

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