28 Kg Of Gold Sent From Primera Gold RDC To United Arab Emirates Under Fair Trade
On Friday, January 13, 2023, the President of the Democratic Republic of Congo, Félix-Antoine Tshisekedi Tshilombo, witnessed the first shipment of fair trade gold from the DRC to the United Arab Emirates through the new Congolese company, Primera Gold DRC sa, at the African Union city.
This marks a historic milestone in the relationship between the two nations as the sale of the initial fair trade gold is carried out.
The aforementioned agreement provides benefits for artisanal miners in eastern Congo, particularly those from South Kivu who are organized in a cooperative as they will now have direct access to the partner, eliminating intermediaries, and be an integral part of the process, ensuring good working and living conditions.
In more specific terms, Primera Gold will ensure fair compensation for the miners, provide them with stable income, banking services, various insurance options, and access to health care and education for their families. This adheres to the principles of fair trade, which aims for a “win-win” situation for all parties involved, as noted by experts.
Furthermore, this new gold mining system enables the strengthening of a direct economic partnership between the two parties while also combating the influence of armed groups that have caused violence and destruction in the region for decades. It also helps to prevent the sale of illegal or unethical gold.
this fair gold supply chain agreement symbolizes a solid diplomatic, economic, and commercial partnership between the two countries, working towards the betterment of their respective citizens. It is a significant step in reducing gold smuggling and ensuring that the Congolese people are able to reap the benefits of their natural resources.