Congo Agreement

International investment agreements (AI) are divided into two types: (1) bilateral investment agreements and (2) investment contracts. A bilateral investment agreement (ILO) is an agreement between two countries to promote and protect investments made by investors from the countries concerned in the territory of the other country. The vast majority of IDu are bits. The category of contracts with investment rules (TIPs) includes different types of investment contracts that are not BITs. There are three main types of TIPs: 1) global economic contracts that contain commitments that are often included in ILOs (. B, for example, a free trade agreement with an investment chapter); 2. contracts with limited investment provisions (for example. B, investment creation or free transfer of investment-related funds; and 3) contracts that contain only “framework clauses,” such as. B on investment cooperation and/or a mandate for future investment negotiations.

In addition to IDAMIT, there is also an open category of investment-related instruments (IRIs). It includes various binding and non-binding instruments, such as model agreements and draft instruments, multilateral conventions on dispute settlement and arbitration rules, documents adopted by international organisations and others. The agreement was signed in 2002 between the governments of Uganda and the Democratic Republic of Congo. It established a ceasefire and normalized relations between the two countries. [1] Prior to this agreement, the two countries experienced long periods of armed conflict. While this agreement was aimed at restoring regional stability, it is questionable whether lasting peace and reconstruction followed. Tshisekedi must find a fragile local balance. While virtually all copper and cobalt revenues, which account for more than 80% of the Democratic Republic of Congo`s exports (see Appendix F), come from the katanga region provinces, its political party has close ties to the Kasai region. Indeed, in Haut-Katanga and Lualaba, its political support is primarily the responsibility of the large population of Caseaise origin. On the other hand, Joseph Kabila and the main opposition leader, both from Katanga, enjoy the support of different parts of the non-Casaic population. [fn] See crisis Group Statement, “A Nuanced but Firm Political Approach for DR Congo`s Decisive Autumn,” September 15, 2016.Hide Footnote To be sure, Tshisekedi received an unexpected boost when Antoine Gabriel Kyungu Wa Kumwanza, former governor of Katanga and current member of the Upper Katanga Provincial Assembly, whose party is firmly rooted in the Katanga region, became the first great voice of katanga; Although Kyungu was originally in Katumbi camp, he supported Tshisekedi. [fn] Marie-France Cros, “Kyungu rallies to Tshisekedi: the Lamuka opposition is divided,” La Libre Afrique, 28 January 2019; In June 2020, Minister Kyungus approved the appointment of Kyenge as ceo of the national railway company, which had been pending for a year, as part of the same package of measures that Kyenge became ceo of G├ęcamines.

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