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Rwanda and Congo Agree on Regional Economic Integration Framework

Summary

  • Rwanda and Congo sign peace deal, agree to launch regional economic framework
  • Framework to cover energy, infrastructure, mineral supply chains, and public health
  • Commitment to ensure minerals trade no longer funds armed groups
Rwanda and Congo Agree on Regional Economic Integration Framework

Two years ago, in August 2023, Rwanda and the Democratic Republic of Congo (DRC) took a major step towards regional cooperation and economic integration. The two countries, which have long been embroiled in conflict, agreed on an outline for a comprehensive regional economic framework, building on a peace deal signed in Washington last month.

The framework, which is expected to be finalized and signed by the heads of state at a meeting in the White House, covers a wide range of areas, including energy, infrastructure, mineral supply chains, national parks, and public health. Both countries have affirmed their commitment to ensuring that the minerals trade no longer provides funding to armed groups, and to developing a world-class industrial mining sector in the region.

Notably, the agreement includes provisions for connecting new infrastructure projects to the U.S.-backed Lobito Corridor, underscoring Washington's efforts to increase access to resources in the region and counter China's growing influence. The Ruzizi III hydropower project and the exploitation of Lake Kivu's methane gas are among the specific initiatives mentioned in the statement.

The announcement comes after the two countries held the first meeting of a joint oversight committee on Thursday, a step towards implementing the Washington peace deal. However, some commitments, such as the formation of a joint security coordination mechanism, are yet to be fulfilled.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

FAQ

The framework agreed upon by Rwanda and the Democratic Republic of Congo covers cooperation on energy, infrastructure, mineral supply chains, national parks, and public health, with a focus on creating a sustainable mining sector and preventing the funding of armed groups.
The agreement includes provisions for connecting new infrastructure projects to the U.S.-backed Lobito Corridor, underscoring Washington's efforts to increase access to resources in the region and counter China's growing influence.
While the two countries have held the first meeting of a joint oversight committee, some commitments, such as the formation of a joint security coordination mechanism, are yet to be fulfilled.

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