Report by Zimbabwe

Since its last Trade Policy Review in 1994, Zimbabwe experienced significant developments of both socio-economic and political nature that have impacted on both formulation and application of its Trade Policy. On the socio-economic front, the imposition of sanctions by sections of the international community has massively impacted negatively on the Zimbabwean economy. The sanctions include the enactment of the Zimbabwe Democracy and Economic Recovery Act (ZIDERA) in 2001 by the United States of America (USA), sanctions by the European Union (EU) in 2002 as well as Canada and Australia and their allies.