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EU Strips Zimbabwe Mining Development of Sanctions

Charlotte McLeod
Sep. 18, 2013 10:10AM PST
Diamond Investing

Reuters reported that the European Union has decided to remove the sanctions on state-run Zimbabwe Mining Development Corp. even though concerns remain that it was mixed up in “alleged fraud in a July election that kept President Robert Mugabe in power.”

Reuters reported that the European Union has decided to remove the sanctions on state-run Zimbabwe Mining Development Corp. even though concerns remain that it was mixed up in “alleged fraud in a July election that kept President Robert Mugabe in power.”

As quoted in the market news:

EU governments have ‘begun the process of delisting’ the Zimbabwe Mining Development Corporation, the diplomat said after senior EU diplomats discussed the issue at a Brussels meeting.

Click here to read the full Reuters report.

mining-development european-union
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