(VOVworld) – The US has crossed off two Zimbabwean banks from the list of entities barred from doing business with American companies. Deputy Public Affairs Officer at the US Embassy in Harare Nicole Finnemann said Friday that the removal was consistent with the US effort to support inclusive economic development and assist the people of Zimbabwe.
The US also removed Ndlovu Motorways company and five Zimbabweans on the sanctions list. Finnemann said following the removal of the five individuals and three entities, 98 individuals and 66 entities related to Zimbabwe remain on the Specially Designated Nationals list.
The US in 2003 imposed sanctions against individuals and entities linked to President Robert Mugabe and his government on accusations of undermining democratic institutions or processes in Zimbabwe.