Stimulating foreign trade in the DRC thanks to the UBA initiative

Kinshasa, July 2, 2024 (Fatshimetrie) – The foreign trade sector in the Democratic Republic of Congo was recently at the heart of a crucial meeting between the Ministry of Foreign Trade and the United Bank for Africa (UBA). This meeting highlighted the efforts made to finance projects aimed at promoting exports of Congolese products, considered an essential engine of the country’s economic growth.

The Minister of Foreign Trade, Julien Paluku, welcomed the UBA’s commitment to supporting certain projects in the field of foreign trade. He underlined the importance of these initiatives in the context of the competitiveness of Congolese products on the international market. The construction of ultra-modern certified laboratories in Kinshasa, Lubumbashi and Goma is presented as one of the priorities of the Congolese government to strengthen the capacities of the Congolese Control Office (OCC) and thus promote the export of quality products.

The collaboration between the Ministry of Foreign Trade and the UBA is of paramount importance in the search for innovative solutions to stimulate foreign trade in the DRC. By investing in these projects, it is possible to promote the economic development of the country and increase its presence on the international scene.

The UBA initiative illustrates the crucial role that the private sector can play in supporting the government’s economic development efforts. By working hand in hand, the public and private sectors can create an environment conducive to the growth and prosperity of the DRC.

In conclusion, financing projects in the foreign trade sector in the Democratic Republic of Congo represents an essential step to strengthen the country’s competitiveness and position on the world market. This collaboration between the Congolese government and UBA opens the way to new economic opportunities and a prosperous future for Congolese foreign trade.

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