Western sanctions seek to freeze Zimbabwe in the colonial division of labor": Zimbabwe Analyst.
"Cumulatively to date, an estimate of over $42 billion has been lost in economic opportunities, foregone trade and inflated international credit interest rates," Matthew Blessing Mutwai, a public policy and political analyst, told Sputnik Africa.
According to the analyst, the sanctions work through three core pillars:
Stigma risk that distorts foreign direct investment.
A financial blockade, which cuts off trade and cross-border arrangements in the banking system;
Technological denial, which blocks access to the technology needed for domestic processing and refining.
“Foreign direct investment has been stifled not by the fundamentals of the market but by this extraterritorial regulatory cohesion that has penalized global investors seeking partnerships with government enterprises or local entities. ".
Addressing opposition to this "imperial planning", Mutwai stressed to President Mnangagwa's "anti-sanctions diplomacy and structural industrialization policies. ".
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