Zimbabwe's Economic Diplomacy Yields Positive Results with Russia and China

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#36ae1e53 ver:0.07

Zimbabwe's strategic shift towards economic diplomacy is starting to bear fruit, with notable developments in its relations with Russia and China. The Second Republic's focus on transactional mutually beneficial relations has proven to be a successful approach. On March 20, Russia officially handed over a consignment of 25,000 tonnes of wheat and 23,000 tonnes of fertilizer to President Mnangagwa. This contribution will significantly contribute to food security in Zimbabwe. Additionally, President Mnangagwa recently toured the Dinson Iron and Steel Company (Disco) in Manhize, which is set to begin production at its US$1.5 billion plant. The local procurement of iron and steel is expected to save Zimbabwe over US$400 million annually. These developments highlight the positive outcomes of Zi...

#newstr #EconomicDiplomacy #ForeignPolicy #Zimbabwe #Russia #China #SteelIndustry #BilateralRelations

https://here.news/story/36ae1e53?ver=0.07

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