RT.com
28 Jun 2025, 17:03 GMT+10
The president says the US is getting a lot of mineral rights from the agreement between Rwanda and the DR Congo
Rwanda and the Democratic Republic of the Congo have signed a peaceagreementto end a decades-long conflict, which US President Donald Trump says gives the US rights to local mineral wealth.
Congolese officials have long accused Rwanda of backing militant groups in the mineral-rich eastern DR Congo and smuggling resources. Tensions escalated after M23 militants seized mining hubs, including Goma and Bukavu, reportedly killing thousands. Kigali denied supporting militants, despite UN and international backing for Kinshasa's claims.
The agreement was signed on Friday in Washington by both nations' foreign ministers and US Secretary of State Marco Rubio. It pledges a 90-day Rwandan troop withdrawal from the DR Congo, outlines disarmament and reintegration steps, and sets up a joint security mechanism.
Rwandan Foreign Minister Olivier Nduhungirehe called the deal a "turning point." The DR Congo's Therese Kayikwamba Wagner, however, was more cautious, saying it must be followed by disengagement.
The agreement also creates a "regional economic integration framework" linking Rwanda, DR Congo, and the US.
Trump, speaking ahead of the signing, said the deal would give the US "a lot of the mineral rights from the [Democratic Republic of] Congo." While no specific transfers are mentioned in the text, the agreement promises to "expand foreign trade and investment" in regional mineral supply chains and launch joint end-to-end "mineral value chains" that "link" both countries with the US government and US investors within three months.
Sources told Reuters that a separate agreement securing new US rights to Congolese minerals is expected at a later date. It reportedly depends on the outcome of Qatar-mediated talks between the DR Congo and M23 in Doha. The talks are separate from US mediation but are seen as key to ending the hostilities, as they involve direct negotiations with M23, a prominent armed group in the region. Qatar reportedly presented a draft peace plan to the DR Congo and M23 earlier this month, with both sides expected to consult their leaders before resuming talks.
The mineral-rich region holds the world's largest cobalt reserves, and contains significant deposits of gold, lithium, copper, and coltan. Following the signing, Trump hosted both African envoys in the Oval Office and invited their presidents, Felix Tshisekedi and Paul Kagame, to Washington for a future round of agreements.
The deal is part of Trump's broader push to secure critical mineral access by any means, even through conflict mediation efforts. On Thursday, the US struck a deal with China toresumerare-earth exports, which were frozen amid a tariff standoff. The Rwanda-DR Congo agreement also follows another Trump-linkedminerals dealwith Kiev in April, which was presented as repayment for past US aid in Ukraine's conflict with Russia. Though the repayment clause was dropped from the final agreement, Trump said the US could "in theory" recover "much more" than it spent.
(RT.com)
Get a daily dose of Japan Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Japan Herald.
More InformationBEIJING, China: Extreme weather is once again testing China's resilience, as intensifying monsoon rains trigger floods across major...
Berlin [Germany], June 28 (ANI): China registered a determined 3-0 win against the Indian Women's Hockey Team on Saturday in Berlin,...
St. Petersburg [Russia], June 28 (ANI): Indian Army strengthens ties with Russian Land Forces at the 4th Indo-Russian Inter-Governmental...
GUIYANG, June 28 (Xinhua) -- Heavy flooding has returned to Rongjiang County in southwest China's Guizhou Province, prompting local...
PHILADELPHIA, June 28 (Xinhua) -- The expanded 2025 FIFA Club World Cup group stage concluded with record-breaking attendance and unprecedented...
(250628) -- BEIJING, June 28, 2025 (Xinhua) -- People visit the booth of Maldives at the Beijing International Tourism Expo (BITE)...
SAN FRANCISCO, California: A U.S. judge has dismissed a copyright lawsuit filed by 13 authors against Meta Platforms, the company that...
DUBAI, U.A.E: Oman is set to introduce a personal income tax as part of its strategy to reduce dependency on hydrocarbon revenues....
NEW YORK, New York - U.S. President Donald Trump dropped a bombshell on Friday announcing he had terminated trade talks with Canada....
Federal officials, then-Governor of Indiana Eric Holcomb, union leaders, company representatives, and dozens of guests assembled at...
NEW YORK CITY, New York: New York City's financial markets reacted sharply this week as shares of local banks and real estate investment...
SEATTLE, Washington: U.S. coffee company Starbucks has said it is not planning to sell all of its business in China, even though a...