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State Department: U.S. and DRC working on minerals agreement; Reconstruction Investment Fund talks ongoing
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Summary
Tammy said a White House senior adviser and State Department deputies visited the Democratic Republic of Congo to pursue a minerals agreement intended to spur U.S. private investment; U.S.-Ukraine technical teams are also negotiating a Reconstruction Investment Fund, she said.
Tammy, State Department spokesperson, said that a senior adviser to President Trump, referenced in the briefing as BOULOS, traveled this month with the deputy in the State Department's African affairs team to the Democratic Republic of Congo, Kenya, Uganda and Rwanda to discuss durable peace and private-sector investment.
"Economic prosperity will not happen without security," Tammy said, summarizing the administration's approach. She said U.S. and DRC partners are "working on a minerals agreement that will boost U.S. investment in the DRC's mining sector" and that partners have pledged to facilitate a transparent business environment.
Tammy also said U.S. and Ukraine technical teams "conducted constructive negotiations on the proposed Reconstruction Investment Fund" and that those talks will continue with the goal of finalizing an agreement "as soon as possible." She did not provide details on investment amounts, participating companies, or precise timelines.
Ending: The department said further announcements on the minerals agreement and the investment fund are expected in the near future; specific financial terms and next steps were not released at the briefing.
