China/DRC: China and the DRC Are Set to Sign a $6 Billion Infrastructure-for-Minerals Agreement

May 23, 2023 | Chinedu Okafor, Business Insider Africa
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Felix Tshisekedi, the president of the Democratic Republic of the Congo, will go to China from May 24 to May 29 and is scheduled to meet with President Xi Jinping to discuss and sign a number of significant economic agreements. A meeting would allow the two nations to formally revise and sign a $6 billion infrastructure-for-minerals agreement with Chinese investors. The Chinese foreign ministry confirmed the trip on Monday. The president informed the cabinet that a task committee reviewing the agreement had turned in its findings, allowing talks with Chinese partners to start soon.