PRESIDENT Mnangagwa has said the country is agreeable to the use of alternative forms of payment for various transactions as opposed to the sole use of the United States dollar.
Yesterday during a bilateral meeting with Russian President Vladimir Putin at the ongoing Russia-Africa Economic and Humanitarian Summit in St Petersburg, the President also appealed to his host to consider Zimbabwe’s request to join the BRICS New Development Bank.
Russian President Vladimir Putin with his Zimbabwean counterpart President Emmerson Mnangagwa
This comes as many nations, such as Russia, China and India have been dumping the use of the US dollar with more nations, fed up by the US unilateralism and coercive approach to international relations, now seeking a new inclusive democratic order.
“In view of the sanctions imposed on both our countries and subsequent challenges in undertaking US-dollar denominated transactions, Zimbabwe is agreeable to pursue alternative autonomous solutions and the use of alternative forms of payment for various transactions, I am happy that the Russian Federation has already accomplished this as a result of the sanctions imposed on your Republic.
“May I highlight that Zimbabwe intends to bid for a non-permanent seat in the United Nations Security Council for the period 2027-28, we appeal for the support of the Russian Federation. Similarly, Zimbabwe submitted a request to you Your Excellency to join the BRICS New Development Bank; we equally count on support of Your Excellency in this endeavour,” said President Mnangagwa.
Source MyZimbabwe
