U.S., EU Sanctions Cost Zimbabwe Billions

President Emmerson Mnangagwa's government says Zimbabwe has lost at least U.S.$42 billion in revenue in the last 18 years due to the sanctions imposed on the country by the United States and the European Union on what they refered to as electoral fraud and human rights abuses. Sanctions, which the EU and U.S. claim are targeting a few individuals and Government-owned companies were imposed on Harare, following former president Robert Mugabe's controversial land policies in 2001.

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