Feb 7, 2023

Mawazo Writing Africa

Writing about the main

M23 clash: DRC now suspends bilateral trade agreements with Rwanda

The DRC is suspending all deals with Rwanda, which has been accused of supporting the M23 rebels, although Kigali denies the accusation.

After a meeting that ended late Wednesday night , On June 15, government spokesman Patrick Muyaya announced several resolutions by President Félix Tshisekedi and the High Defense Council.

He outlined the DRC’s new position by saying: “The High Defense Council calls on the Congolese government suspends all agreements concluded with Rwanda.”

Read:Rwanda’s Kagame in DRC for conference on gender-based violence

The agreements include a Trade deal signed in June 2021 between President Tshisekedi and his Rwandan counterpart Paul Kagame on the exploitation of gold to ensure its traceability in DR Congo.

The deal stipulated that a ko Angolan company, Société aurifère du Kivu et du Maniema (Sakima SA), and a Rwandan company, Dither Ltd, to mine and refine gold in the Democratic Republic of the Congo “to deprive armed groups of revenue from this sector. “

The aim was to control the value chain from mining by Sakima to refining by Dither in Rwanda.

The two neighboring countries also had an agreement on the prevention of tax evasion and double taxation and another on investment promotion and protection.

Read:Tshisekedi meets with Rwandan delegation for bilateral cooperation

Congolese authorities’ decision coming in addition to banning Rwanda’s national airline RwandAir from landing on Congolese soil.

Read:Region seeks end to tensions between Rwanda and Democratic Re public Congo

Also read:New conflict between Rwanda and the Democratic Republic of the Congo strains EAC relations