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Browsing: Agreement on a Bilateral Investment Promotion and Protection Agreement
Bilateral relations between the two countries improved after the UAE showed its benevolence. This was by sending aid in response to the Cyclone Idai storm in March 2019. Planeloads of humanitarian assistance were sent to Zimbabwe, which went a long way in helping victims and mitigating the impact of the cyclone. UAE also assisted the Southern African country’s fight against Covid-19 with a consignment of required medical drugs.
Early March, the new dispensation approved the establishment of a commercial consulate in the commercial hub of Dubai. Economic and trade attachés will operate in the consulate. This is an effort to complement investment promotion being done by Zimbabwe’s embassy in the UAE.
In a cabinet briefing published by The Herald on March 17, 2022, Minister of Foreign Affairs and International Trade Ambassador Frederick Shava said the development created an environment conducive to doing business.…