USA Continues Economic Sabotage of Eritrea

Read Time:2 Minute, 30 Second

On February 28, 2019 the last financial wire transactions between the
small socialist country of Eritrea and all the western countries were
stopped with no further wire transfers in USD$ or Euros to or from
Eritrea being allowed .

UNjust and illegal UN sanctions against Eritrea were lifted recently
but the damage being done continues. During the 9 year long UN
sanctions period the US shut down all Eritrean government bank
accounts and cut off all access to USD$ international transfers. The
USA and its European lackeys even tried to prevent Eritreans in the
diaspora from paying their national 2% income tax (something all US
citizens outside the country must do), critical to the creation and
survival of the country.

After being kicked out of the dollar market Eritrea’s next turn was to
the EU to no avail. The EU would not allow Eritrea access to
international euro transfers so Eritrea was forced to fall back on her
only international friend, Russia, as a conduit for  international
banking transactions in euros.

US sanctions against Russia enforced against the EU are now officially
the cause for shutting down Eritrea’s last western foreign exchange
access completely cutting off Africa’s only socialist country from
western capital transfers.

While diplomatic ties between Eritrea and the USA have improved
dramatically under Trump the economic sabotage of our country’s
economy continues. As with all sanctions by the USA, the target is
always the people of the sanctioned country, bringing untold misery in
the name of “Defending Freedom and Democracy”.

Sanctions have almost never achieved the political aims of the USA
with Iraq a prime example during Saddam Hussein’ rule. Half a million
dead Iraq’s “was worth it” as Hillary Clinton’s mentor Lady Albright
so infamously proclaimed.

In the case of us living here in Eritrea and our family and friends in
the diaspora, its cash and carry, the only way to get part of the
country’s hard currency  lifeline in and out of our homeland.

When this economic sabotage will end is a question that must be asked
in light of the recognition Eritrea has recieved in being a critical
player in the peace that has broken out in the Horn of Africa, never
mind the peaceful revolution that took place in Ethiopia in 2018.

It goes without saying that small socialist countries have never been
treated fairly, with Cuba and North Korea paying a brutal price in
human suffering. Eritrea is the latest victim of Pax Americana and it
failing grip on the worlds economic lifelines via the USD$. The
shameful thing is how spineless the Europeans are, bowing down to the
US Empire in the most craven manner. How this story will end remains
unknown, but for Eritreans at home and abroad, its just another
challenge to overcome.

Thomas C. Mountain is an historian and educator living and reporting
from Eritrea since 2006. See thomascmountain on Facebook,
thomascmountain on Twitter or best reach him at thomascmountain at g
mail dot com

About Post Author

A warsame

Published by A Warsame is senior Editor and managing Director of Mareeg Media Whatup :+447737886245
0 %
0 %
0 %
0 %
0 %
0 %