CLOSING FORUM AFRICA TRADE AND INVEST MEETS MANAGING RISK IN GERMANY: INTERVENTION BY MINISTER JULIEN PALUKU KAHONGYA
This Thursday in front of CEOs and representatives of German companies at the Africa Trad and Invest Meets Managing Risk Forum in Frankfurt, Germany, the Minister of Foreign Trade developed the challenge-opportunity pair by inviting them to join the major project for the development of the battery and electric vehicle value chain launched by the Democratic Republic of Congo and Zambia while emphasizing the study conducted by Bloomberg which makes the DRC the best destination in the world for this industry.
Also the Minister of Foreign Trade called on German economic operators to come and invest in the Lobito corridor development project which will connect the Democratic Republic of Congo, Zambia and Angola to lead to the Lobito port which will allow these 3 countries to evacuate their products to Europe and the United States of America, he added.
It was also an opportunity for Julien Paluku Kahongya to request Germany's support in financing infrastructure construction projects that will facilitate cross-border trade within the framework of the Simplified Commercial Regime-RECOS of the Common Market for Eastern and Southern Africa-COMESA, while signifying that the DRC and Burundi have officially launched this regime which aims to simplify customs clearance procedures and reduce the cost of commercial transactions. allowing the
small cross-border traders to benefit from customs duties but also the rapid passage of populations living at the borders
Note that on the sidelines of this forum which closed this Thursday, the Minister had business meetings with around ten Tunisian investors headed by Anis Jaziri, President of the TABC Group ready to come and do business in the DRC in different sectors and with the Moroccan Minister of Industry and Commerce, Ryad Mazzour very attracted by the opportunities that the DRC offers well sold Julien Paluku Kahongya and who promised to go mobilize Moroccan investors
