“Corruption is a cancer that affects economic development not just in Zimbabwe but all over the world. We welcome the stance taken by the Zimbabwean government on this issue but we are waiting to see what will be done,” he said.
Re-engagement between Zimbabwe and the EU would bring economic benefits for both, added the Ambassador. “Trade between Zimbabwe and the EU is healthy. Zimbabwe exports to us more than it imports from us. So we are convinced that proper relations would be favourable for both sides,” he said.
Dell Ariccia said that it was essential that the government implement investor-friendly policies. “European investors are keen to invest, provided there is clarity concerning government policies on foreign investment,” he said, adding that the indigenisation policy had scared away potential investors.
“If the investors are to come, they need clarity, accountability and transparency in terms of the government policies. We have been supporting a visit of EU business people who met political decision makers and other counterparts in the private sector. We supported the initiative and we hope such re-engagement will continue,” said the ambassador.Post published in: News