Fact: U.S. targeted sanctions apply to only 85 Zimbabwean individuals and 56 entities (mostly farms and legal entities owned by the 85 individuals) as of August 17 2018. For an up-to-date list, please go to http://sdnsearch.ofac.treas.gov/ and select “Zimbabwe” from the list on the Program menu.
Complete information on the U.S. targeted sanctions program is available at the U.S. Department of Treasury’s Office of Foreign Assets Control’s (OFAC) website.
Click on the “Overview of Sanctions” link for a summary of the sanctions program.
Fact: The United States implemented the targeted sanctions program in 2003 as a result of the actions and policies of certain members of the Government of Zimbabwe and other persons undermining democratic institutions and processes in Zimbabwe.
Myth: “The U.S. maintains an embargo on Zimbabwe.”
Fact: Certain persons have been targeted for sanctions on the basis of their connection to the Government of Zimbabwe. However, U.S. sanctions do not block the Government of Zimbabwe as a whole, nor do they prohibit all business with the country of Zimbabwe or transactions involving that jurisdiction. The United States has imported goods from Zimbabwe and Zimbabwe has imported goods from the United States on an ongoing basis both before and after the targeted sanctions commenced. For current United States-Zimbabwe trade statistics, please go to: https://www.census.gov/foreign-trade/balance/c7960.html
Myth: “ZDERA” (The Zimbabwe Democracy and Economy Recovery Act) is the U.S. targeted sanctions program.
Fact: The U.S. targeted sanctions program is not governed by ZDERA. They are different policies enacted by different branches of the U.S. Government.
The Zimbabwe targeted sanctions program began on March 7, 2003 when the President of the United States issued Executive Order (“E.O.”) 13288 (PDF 168 KB). The U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) implements the targeted sanctions policy.
S. 2779, the “Zimbabwe Democracy and Economic Recovery Amendment Act of 2018,” amends the Zimbabwe Democracy and Economic Recovery Act of 2001. (PDF) The Act updates the Zimbabwe Democracy and Economic Recovery Act of 2001 and sets forth the steps Zimbabwe needs to take to have sanctions on its country lifted, including ensuring the recent elections on July 30 are free, fair, and credible. The law restricts the United States to vote in support of new assistance to Zimbabwe from international financial institutions.
Myth: “The United States is preventing Zimbabwe’s access to international financial assistance.”
Fact: The Zimbabwe Democracy and Economy Recovery Act (ZDERA) restricts the United States to vote in support of new assistance to Zimbabwe from international financial institutions (IFI’s), except for programs that meet basic human needs or promote democracy. It is important to understand, however, that Zimbabwe became ineligible for multilateral loans in 1999, well before ZDERA because it stopped repaying loans already owed to the IFIs.
Myth: “The U.S. has cut off aid to Zimbabwe.”
Fact: Since 1980, the U.S. has provided over $2.6 billion in assistance to Zimbabwe. The American people, through USAID, have contributed over $3 billion in assistance to Zimbabwe over past 30 years. Current projects include initiatives to increase food security, support economic resilience, improve health systems and services, and promote a more democratic system of governance.
To see full details of the U.S.’s Assistance to Zimbabwe, view this chart.
Updated: August 18 2018