AUSTRALIAN Prime Minister Kevin Rudd is set to touch down in Washington on Friday on the first stop of a five country tour and will discuss his government’s current stance on Zimbabwe, among other issues, with President George Bush.
He will also meet with US Treasury Secretary Henry M. Paulson, Jr.
They will discuss a range of economic and financial issues including Australia's leadership in the fight against illicit finance in the Asia-Pacific region. Zimbabwe is also likely to take centre stage at this meeting.
The US Treasury issued the Executive Order detailing sanctions on Zimbabwe and barring U.S. persons and entities (companies, non-profit groups, government agencies, etc.) wherever located in the world from doing business with Zimbabwe.
In March 2003 Bush issued Executive rder 13288 imposing sanctions against specifically identified individuals and entities in Zimbabwe. On November 23, 2005, the US President issued a new Executive Order superseding E.O. 13288 extending to families of designated individuals, foreign branches of companies and representative offices of U.S. companies, as well as U.S. branches and representative offices of foreign companies. These are all barred from doing business with Zimbabwe.
Criminal fines for violating the Executive Order or may range up to the greater of $500,000, says the Order.
President Robert Mugabe has blamed Western sanction for Zimbabwe’s problems.
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