DRC and China Sign Strategic Minerals Cooperation Pact to Boost Mining Value and Industrialization
DRC–China Mining Deal Targets Duty-Free Exports, Local Processing, and $28.9 Billion Iron Corridor Development The Democratic Republic of Congo and China have advanced their strategic partnership by signing a Memorandum of Understanding (MoU) on geology and mineral resources in Beijing on March 26. The agreement forms part of broader efforts to deepen economic cooperation and maximize value creation in the Congolese mining sector. The MoU was signed by the Congolese Minister of Mines, Louis Watum Kabamba, and China’s Minister of Natural Resources, Guan Zhi’ou, in the presence of senior officials…
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