News / National
Zimbabwe free to buy arms of war from Russia
06 Jul 2012 at 06:11hrs | Views
OUTGOING United States ambassador Charles Ray has said his country's government would not prescribe trading partners to Zimbabwe as it would be risky to have "exclusive business relations with a single country".
Ray was responding to questions from the Zimbabwe Independent on what the US thought of Zimbabwe's "resources for arms" deal with Russia which would ostensibly see the country being supplied with military helicopters and other hardware in exchange for platinum mining claims.
"It's not for my government to decide or disagree on business arrangements which this country (Zimbabwe) should make with any country," said Ray.
"Russia is a sovereign country and if Zimbabwe wants to make deals with them, who are we to say they should not," Ray asked, saying it would be a mistake for the country to put its investment trust on one source.
A report carried by the Russian Kommersant business daily and online publications said officials from the former superpower visited Zimbabwe in April and all but secured an inter-governmental agreement on stimulating investment and defence, under which a state corporation, Russian Technologies, would supply military helicopters in exchange for mineral rights to platinum deposits in Darwendale.
The reports said Ruschrome Mining, a company jointly owned by Zimbabwe and the Russian government's Centre for Business Cooperation with Foreign Countries, received a 25-year licence for the exploration and development of platinum deposits.
Ray was responding to questions from the Zimbabwe Independent on what the US thought of Zimbabwe's "resources for arms" deal with Russia which would ostensibly see the country being supplied with military helicopters and other hardware in exchange for platinum mining claims.
"It's not for my government to decide or disagree on business arrangements which this country (Zimbabwe) should make with any country," said Ray.
"Russia is a sovereign country and if Zimbabwe wants to make deals with them, who are we to say they should not," Ray asked, saying it would be a mistake for the country to put its investment trust on one source.
A report carried by the Russian Kommersant business daily and online publications said officials from the former superpower visited Zimbabwe in April and all but secured an inter-governmental agreement on stimulating investment and defence, under which a state corporation, Russian Technologies, would supply military helicopters in exchange for mineral rights to platinum deposits in Darwendale.
The reports said Ruschrome Mining, a company jointly owned by Zimbabwe and the Russian government's Centre for Business Cooperation with Foreign Countries, received a 25-year licence for the exploration and development of platinum deposits.
Source - zimind
