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Qatar's Role In Peace Efforts Would Lead To Economic Partnership
(MENAFN- Gulf Times) Deputy Prime Minister in charge of the National Economy of DRC Daniel Mukoko Samba highlighted the great importance that the visit of His Highness the Amir Sheikh Tamim bin Hamad al-Thani to Congo holds, especially in promoting peace and investment relations, given the role of Qatar in supporting peace efforts in the east of the country. He also pointed out that the visit will open new horizons for economic and investment co-operation between the two sides a statement to Qatar News Agency (QNA), Samba said that the signing of the Doha Framework Agreement for Peace between the government of the Democratic Republic of the Congo (DRC) and the Congo River Alliance/M23 Movement on Nov 15 was a key factor in restoring security and stability. He added that the Amir played a major role in the success of reaching that agreement, noting that the visit will enhance the implementation of a series of investment projects between the two countries noted that his country aspires to strengthen current economic relations to match the level of political and diplomatic relations between the two countries, indicating that there are huge opportunities for co-operation, especially in the infrastructure, ports, airports and energy sectors, given the great natural and human potential that the DRC has also revealed that the Congolese government is working on establishing a sovereign wealth fund for the first time, and that it wishes to benefit from Qatar's experience in this field. He added that it was natural for his country to benefit from the expertise of the Qatar Investment Authority, which is one of the most prominent sovereign wealth funds around the globe. He pointed out that the legal framework in DRC is attractive enough for investors, noting that the real challenge is not in the laws, but in the stereotype that portrays the country as a difficult destination for investment, while the mining sector has proven to be capable of attracting foreign investments that have exceeded $2bn annually over the past two decades regard to regional economic integration, he called for directing Qatari investments towards connectivity and infrastructure projects in the Great Lakes region, given their impact on enhancing stability and shared development, stressing that the economic interests among the countries of the region are greater than any differences deputy prime minister urged Qatari businesspersons to explore the great investment opportunities offered by the Congo River, Kisangani City and the rest of the country's promising regions, stressing that Congo is a vast country with enormous potential beyond the Congolese capital of Kinshasa.
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