Economy / Zimbabwe
Absent Friends
February 2007 | Political Risk AnalysisOstracised by the West, Mugabe has been trumpeting a 'Look East' foreign policy with countries that he said would help Zimbabwe with no strings attached. Unfortunately for the regime, there is little to show from the new policy. A mooted deal with Iran to upgrade the country's power generation capacity has hit the rocks, a multi-million US dollar protocol with private Russian investors publicised last year turned out to be fruitless, a barter trade arrangement with Libya exchanging oil for natural resources came to nothing, and the only real involvement from Beijing has been to flood the consumer market with
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