UNGA and Zim's international incorporation

UNGA and Zim's international incorporation
Published: 20 September 2018 (258 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

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Govt Suspends Restrictions On Importing Goods

by Staff Reporter | 23 October 2018 | 39 Views

Mnangagwa appoints Civil Service Commission

by Staff Reporter | 23 October 2018 | 39 Views

The day Chamisa wanted to overthrow the Government

by Elijah Chihota | 23 October 2018 | 43 Views

How then did Mthuli Ncube hire such a shady character?

by Staff reporter | 23 October 2018 | 40 Views

WATCH: Lumumba explains why he got fired - Live

by Staff Reporter | 23 October 2018 | 54 Views

Mthuli Ncube's 2% tax still illegal

by Veritas | 23 October 2018 | 35 Views

Chamisa now willing to engage Mnangagwa

by Staff reporter | 23 October 2018 | 195 Views

'Soldiers fired randomly on August 1'

by Staff reporter | 23 October 2018 | 121 Views

Zimbabwe to cut company registration period to within 6 hours

by Staff reporter | 23 October 2018 | 105 Views

Chamisa statement on the prevailing economic, political and humanitarian situation

by Adv. Nelson Chamisa MDC President | 23 October 2018 | 156 Views

Cops scramble for cooking oil

by Simbarashe Sithole | 23 October 2018 | 125 Views

Mnangagwa flies out to Zambia

by Staff reporter | 23 October 2018 | 116 Views

Chigowe denies refs favour Dembare

by Staff reporter | 23 October 2018 | 78 Views

Emergency recovery measures to stop Zimbabwe economic free-fall

by Dr Tapiwa Mashakada | 23 October 2018 | 140 Views

Chamisa demands 2% tax refunds

by Staff reporter | 23 October 2018 | 149 Views

Zanu-PF chefs fail to pay workers

by Staff reporter | 23 October 2018 | 116 Views

Chamisa's youths to avenge vendor's death

by Staff reporter | 23 October 2018 | 119 Views

Zimbabwe motorists sleep in fuel queues

by Staff reporter | 23 October 2018 | 81 Views

Police pounce on Kadoma Forex dealers

by Stephen Jakes | 23 October 2018 | 137 Views

Dogs maul boy at Beitbridge border post - WhatsApp update

by Concerned Citizen | 23 October 2018 | 100 Views

Indosakusa leaves injiva in stitches

by Future Moyo aka Jamelah | 23 October 2018 | 79 Views

Kombis spend more time in queues these days

by Stephen Jakes | 23 October 2018 | 84 Views

How to find a safe and reliable online casino

by Staff Reporter | 23 October 2018 | 88 Views

Learning Factory: studying History and modern technology in Zimbabwe

by Brian Maregedze | 23 October 2018 | 78 Views

Mugabe's son-in-law appears in court, gets US$30 bail

by Staff Reporter | 23 October 2018 | 135 Views

NSSA reviews retirement grants

by Staff reporter | 23 October 2018 | 106 Views

Zimbabwe teachers to boycott Zanu-PF businesses

by Staff reporter | 23 October 2018 | 87 Views

Mthuli Ncube on a trajectory of vendettas?

by The Banker | 23 October 2018 | 338 Views

Chiyangwa demands respect he doesn't deserve

by Staff reporter | 23 October 2018 | 188 Views

Mnangagwa's Politburo, Central Committee to meet

by Staff reporter | 23 October 2018 | 217 Views

Mines Permanent Secretary in 'baptism of fire'

by Staff reporter | 23 October 2018 | 142 Views

Bid to block Mthuli Ncube's 2% tax hits brick wall

by Staff reporter | 23 October 2018 | 134 Views

Operation Restore Legacy hits RBZ

by Staff reporter | 23 October 2018 | 195 Views

Acie Lumumba fired?

by Staff reporter | 23 October 2018 | 232 Views

Vandalism, theft cost Zesa $20million

by Staff reporter | 23 October 2018 | 100 Views