"Now it is very, very encouraging to be here in Moscow today, as the follow up of the struggle against colonialism and imperialism. Because, the colonialist and imperialist have now changed their strategies by adopting much more subtle ways of domination through neo-colonialism and neo-imperialism," Mumbengegwi told Sputnik Africa on the sidelines of the Forum of Supporters of the Struggle Against Modern Practices of Neo-colonialism that kidded off in Moscow on Thursday.
"The neo-colonial powers continue to want to dominate the economies of the developing countries to make sure that developing countries do not industrialize, so that they continue to be producers of raw materials, which are then exported to the imperialist countries, who then process them into finished goods, which come back to the developing countries as finished products at a very, very high price," Mumbengegwi explained.
"That will, definitely, considerably weaken the strength of the United States dollar, which currently dominates economic transaction and thereby enables the Americans and their allies to manipulate situations in the global market […] The trading field will be leveled up will be to benefit each and every one of us according to the resources that we have at our disposal," Mumbengegwi concluded.