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{
    "id": 369527,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/369527/?format=api",
    "text_counter": 301,
    "type": "other",
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    "speaker": null,
    "content": "That is why, for example, students from even this great country called Kenya immediately they finish their studies, they are told to go back home. They cannot even get internship soon after they have finished their studies. Britain wants to move from the EU. Germany is suffering under the burden of having to subsidize debts that have been accumulated by various countries. In short, the Euro project seems to be failing. Hon. Speaker, the economic problems of Africa in the 1970s were actually engineered by the West. Because of the agricultural boom of the 1970s, the West engineered an oil shock to make sure that countries borrowed a lot and therefore they were not able to pay. That is why they introduced, in my opinion, what was then called Voodoo economics and development corruption by one Ronald Reagan of the USA. Countries would borrow and then they would introduce SAPs that would open markets for the products from the West. Nations were not able to support their people as a result. If you look at the historical and economic context, this is nothing but a reintroduction of the neo-liberal agenda of the West. Africa is rising. If you look at the ten most developing economies of the world you, will realize that seven of them are in Africa. You remember that in the 1970s the EAC was way ahead of the European Commission as it was then known and yet it is the West that sabotaged this noble project. Africa has not been able to develop because we do not even trade with ourselves to the extent that some products have to first land in Europe before they end up in different African countries. We are living in an opportunity. This country wants to achieve the Vision 2030 yet here there is a reintroduction of neo-colonialism where people would want to imagine that there is equal power between the demand and supply sides. They go ahead and give us conditions on how we should package our products and how they are supposed to look, but in a non-tariff barrier way. They want unfettered access and even call themselves “our neighbours” yet we cannot even agree with Uganda and Tanzania on how to do our trade. This is akin to what happened in South Africa, where they had the black economic empowerment programme that was meant to increase the economic position of previously disadvantaged groups that also said the Chinese should be recognized as black."
}