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DR Congo-Rwanda peace deal outlines US role in minerals sector: Report
- In June 2024, a peace agreement was signed in Washington involving Rwanda and Congo, aiming to resolve conflict and promote economic collaboration.
- The deal followed stalled peace processes and ongoing security issues, including Rwanda not withdrawing troops and no operations started against the FDLR armed group.
- The parties agreed on a 17-page draft framework for regional economic integration covering energy, infrastructure, mineral supply, transparency, and private sector reforms.
- The framework calls to work with the US and others to de-risk private investment, reduce illicit trade, adopt OECD transparency guidance, and conduct third-party mine inspections.
- Congo and Rwanda plan to finalize and sign the framework in a meeting likely set for early October 2024 to spur investment and end fighting in eastern Congo.
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Exclusive: Congo-Rwanda draft deal outlines role of US, others in revamp of minerals sector
Rwanda and the Democratic Republic of Congo will commit to working with third parties, including the U.S., to revamp their mineral supply chains and develop reforms, according to a draft of an economic framework seen by Reuters, as they seek to spur investment following a peace deal reached in Washington.
·United Kingdom
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Coverage Details
Total News Sources6
Leaning Left0Leaning Right1Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
R 20%
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