UNGA and Zim's international incorporation

UNGA and Zim's international incorporation
Published: 20 September 2018 (251 Views)
The inauguration of President Emmerson Mnangagwa that came through the birth of the second republic, brought in the dawn of a new era as his main message has been centred on re-engagement and international incorporation. More-so, the country has been in isolation for a long period, as this was further crippling economic development. After the successful conduct of the harmonised elections on 30 July this year, His Excellency has not looked back in making sure that Zimbabwe engages with old and new allies, under the "Zim is open for business mantra."

President Mnangagwa pledged that his Government would promote bilateral investment promotion and protection agreements to promote international trade. In a more aggressive attempt to charm international investors, President Mnangagwa will make a maiden appearance at this year's 73rd Ordinary Session of the United Nations General Assembly in New-York, at a time when the country is focusing on normalising relations with key global economic giants. Amongst other issues, the session will also allow world leaders to engage and debate on affairs that work toward equitable and sustainable societies.

It is imperative therefore, that President Mnangagwa joins other world leaders where more opportunities will arise for him to have engagements with business interests groups and charm them to invest in Zimbabwe. This year's UNGA session is running under the theme, "Making the United Nations relevant to all people: Global Leadership and Shared Responsibilities for Peaceful, Equitable and Sustainable Societies."

A sustainable society in Zimbabwe would be secured through attracting Foreign Direct Investment, which would help in resuscitating the economy. This can only be realised through mending strained international relations and creating new friendships with other nations, and ideally, UNGA, would provide a favourable platform for President Mnangagwa and his delegation to market Zimbabwe, under the new era.

President Mnangagwa has continuously called for international re-engagement to enable investors and various interests group to contribute towards rebuilding the economy. Re-engagement with international partners will go a long way in normalising political relations, as most of the partners have shown willingness to amend relations with Zimbabwe.

Outgoing British Ambassador to Zimbawe, Catriona Lang, in her farewell courtesy visit to President Mnangagwa said Zimbabwe and Britain had developed trust and mutual respect, paving way for normalisation of relations. Before the second republic, Zimbabwe and Britain had been experiencing sour relations, which of late have been making positive trajectories. Ambassador Lang also said Britain would support Zimbabwe to get on to an interim IMF staff programme to help the country quickly clear its foreign arrears.

In positive re-engagements results, Zimbabwe secured US$250 million line of credit from Germcorp Group, a London based investment group that focuses of emerging markets. The line of credit will finance and coordinate the delivery of essential goods to help support the economy.
It is such positive developments that the country pins its hopes on, so that the economy stands firmly on its feet. As President Mnangagwa rightfully said, "with love and unity, we will reach the Promised Land, we will build the Zimbabwe we all want, brick upon brock, stone upon stone."

- Anesu Pedzisayi

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