Fatshimetrie: Ratification of the Agreement for the Creation of the Lobito Corridor Transit Transport Facilitation Agency, a Strategic Issue for the DRC
The ratification by the Democratic Republic of Congo of the agreement establishing the Lobito Corridor Transit Transport Facilitation Agency (AFTTCL) is a crucial step towards better integration and optimization of trade flows in the region. This decision, adopted after careful consideration of the report of the Foreign Relations Commission, opens the way to significant economic opportunities for the country and its regional partners.
The AFTTCL represents an essential lever for strengthening transport infrastructure in Central Africa. Indeed, the Lobito Corridor offers privileged access to international markets for the DRC, Angola and Zambia. Its ratification will facilitate the movement of people and goods between the Lobito seaport and the territories of the signatory states, thereby promoting trade and economic growth in the region.
The construction of an internal corridor linking Grand Katanga to the deep-water port of Banana represents a major project that will contribute to strengthening the efficiency of trade in the DRC. Pending its completion, the Lobito Corridor remains a profitable option for the country, offering prospects for development and opening up to international markets.
The recommendations made by the External Relations Commission aim to ensure optimal exploitation of the Lobito Corridor and to accelerate the establishment of the East-West internal corridor. These measures are part of an approach aimed at ensuring the sustainability and profitability of this strategic corridor for the Congolese economy.
By ratifying this agreement, the DRC affirms its desire to strengthen its position on the regional and international scene. This approach is part of a policy of economic openness advocated by the President of the Republic, aimed at promoting a win-win partnership with its neighbors and trading partners.
In conclusion, the ratification of the agreement for the creation of the Lobito Corridor Transit Transport Facilitation Agency is a crucial step in the development of trade in Central Africa. This ambitious project opens up new perspectives for the DRC and its partners, demonstrating the country’s desire to engage in a dynamic of regional cooperation and development.