Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    “Digital Twins” and the Prescience of Cheesy Science Fiction

    Briefing Chat: What Brazilian centenarians could reveal about the science of ageing

    Starmer hopes his China trip will begin the thaw after recent ice age | China

    Facebook X (Twitter) Instagram
    Facebook X (Twitter) YouTube LinkedIn
    Naija Global News |
    Saturday, January 31
    • Business
    • Health
    • Politics
    • Science
    • Sports
    • Education
    • Social Issues
    • Technology
    • More
      • Crime & Justice
      • Environment
      • Entertainment
    Naija Global News |
    You are at:Home»Politics»DRC, Rwanda agree economic framework outline as part of peace deal | Conflict News
    Politics

    DRC, Rwanda agree economic framework outline as part of peace deal | Conflict News

    onlyplanz_80y6mtBy onlyplanz_80y6mtAugust 2, 2025003 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    DRC, Rwanda agree economic framework outline as part of peace deal | Conflict News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Neighbouring countries agree on terms of economic cooperation in several areas, including energy and supply chains for minerals.

    The Democratic Republic of the Congo (DRC) and Rwanda have agreed on terms of economic cooperation in several sectors, as the two countries move towards delivering on a peace deal signed in June.

    The tenets agreed on Friday summarise a regional economic integration framework, which includes elements of cooperation on energy, infrastructure, mineral supply chains, national parks and public health, according to the State Department of the United States, which brokered the deal.

    A source familiar with the matter said a preliminary draft of the framework has been agreed to and there would now be an input period to get reaction from the private sector and civil society before it is finalised, the Reuters news agency reported.

    In the statement, Rwanda and the DRC affirmed that each country has “full, sovereign control” over the exploitation, processing and export of its natural resources, and recognised the importance of developing mineral processing and transformation capacity within each country, according to Reuters.

    The DRC views the plundering of its mineral wealth as a key driver of the conflict between its forces and Rwanda-backed M23 rebels in the country’s east that has killed thousands of people.

    ‘Mineral deal first’

    The deal signed in Washington, DC, on June 27 aims to attract Western investment to a region rich in tantalum, gold, cobalt, copper, lithium and other minerals. According to Human Rights Watch, it is “a mineral deal first, an opportunity for peace second”, linking economic integration and respect for territorial integrity with the promise of billions of dollars of investments.

    The two countries are also committed to ensuring that the minerals trade no longer provides funding to armed groups and to creating a world-class industrial mining sector in the region. The deal would also ensure better cross-border interoperability on mineral supply chains, according to the statement.

    They also agreed to connect new infrastructure to the US-backed Lobito Corridor, underscoring Washington’s aim of greater access to resources in the region and efforts to counter China.

    The Ruzizi III hydropower project and Lake Kivu methane exploitation were the only specific projects mentioned in the statement, despite US emphasis on critical minerals. The countries said they intended to prioritise financing for Ruzizi and work together to exploit methane gas sustainably.

    Friday’s announcement comes after the two countries held the first meeting of a joint oversight committee on Thursday in a step towards implementing the deal, even as other commitments are yet to be fulfilled.

    In the Washington agreement, the two countries pledged to implement a 2024 agreement that would see Rwandan troops withdraw from eastern DRC within 90 days.

    The Congolese military’s operations targeting the Democratic Forces for the Liberation of Rwanda (FDLR), a Congo-based armed group that includes remnants of Rwanda’s former army and militias that carried out a 1994 genocide, are meant to conclude over the same timeframe.

    The deal also said the DRC and Rwanda would form a joint security coordination mechanism within 30 days and implement a plan agreed upon last year to monitor and verify the withdrawal of Rwandan soldiers within three months.

    But 30 days from the signing have passed without a meeting of the joint security coordination mechanism.

    The source familiar with the matter said the joint security coordination mechanism meeting would be held on August 7 in Addis Ababa.

    The DRC is also involved in direct talks with M23 hosted by Qatar, and last month the two sides pledged to sign a separate peace agreement by August 18, though many outstanding details need to be negotiated.

    agree conflict deal DRC Economic Framework news outline part peace Rwanda
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleNordic countries hit by ‘truly unprecedented’ heatwave | Climate crisis
    Next Article Is £7m for a handbag absurd or justified?
    onlyplanz_80y6mt
    • Website

    Related Posts

    Starmer hopes his China trip will begin the thaw after recent ice age | China

    January 31, 2026

    Myanmar election delivers walkover win for military-backed political party | Elections News

    January 31, 2026

    Chinese state media views Starmer’s visit as act of economic pragmatism | China

    January 31, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Watch Lady Gaga’s Perform ‘Vanish Into You’ on ‘Colbert’

    September 9, 20251 Views

    Advertisers flock to Fox seeking an ‘audience of one’ — Donald Trump

    July 13, 20251 Views

    A Setback for Maine’s Free Community College Program

    June 19, 20251 Views
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews

    At Chile’s Vera Rubin Observatory, Earth’s Largest Camera Surveys the Sky

    By onlyplanz_80y6mtJune 19, 2025

    SpaceX Starship Explodes Before Test Fire

    By onlyplanz_80y6mtJune 19, 2025

    How the L.A. Port got hit by Trump’s Tariffs

    By onlyplanz_80y6mtJune 19, 2025

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    Most Popular

    Watch Lady Gaga’s Perform ‘Vanish Into You’ on ‘Colbert’

    September 9, 20251 Views

    Advertisers flock to Fox seeking an ‘audience of one’ — Donald Trump

    July 13, 20251 Views

    A Setback for Maine’s Free Community College Program

    June 19, 20251 Views
    Our Picks

    “Digital Twins” and the Prescience of Cheesy Science Fiction

    Briefing Chat: What Brazilian centenarians could reveal about the science of ageing

    Starmer hopes his China trip will begin the thaw after recent ice age | China

    Recent Posts
    • “Digital Twins” and the Prescience of Cheesy Science Fiction
    • Briefing Chat: What Brazilian centenarians could reveal about the science of ageing
    • Starmer hopes his China trip will begin the thaw after recent ice age | China
    • Myanmar election delivers walkover win for military-backed political party | Elections News
    • Chinese state media views Starmer’s visit as act of economic pragmatism | China
    © 2026 naijaglobalnews. Designed by Pro.
    • About Us
    • Disclaimer
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.