Zimbabwe: Company Assets

Part of the debate – in the House of Lords at 3:21 pm on 10 October 2007.

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Photo of Lord Malloch-Brown Lord Malloch-Brown Minister of State (Africa, Asia and the UN), Foreign & Commonwealth Office, Minister of State (Africa, Asia and the UN) 3:21, 10 October 2007

My Lords, my noble friend is correct to draw attention to the fact that there are already millions of refugees in South Africa, swamping its social services and increasing its unemployment. There is no doubt that the action of the kind now contemplated in Zimbabwe would target the only functioning parts left of that country's economy—the natural resources and banking sectors. So we very much hope that President Mbeki will bring his influence to bear to prevent this absurd action.