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Investors from the republic of Congo are interested in long-term investment partnerships with
their Rwandan counterparts in a new move that could cement and boost doing business in the
two neighboring countries.
The comments were made by Congolese president of chamber of Commerce and Industries Mr.
Ambroise Tshiyoyo while speaking at the dinner organized by Private Sector Federation to
foster the working relationships with Congolese business community.
The event organized in Kigali attracted various investors from both countries to deliberate on
possible ways of strengthening trade cooperation between the two business communities.
“We are brothers and sisters. What we need now is to do business with you,” Mr Tshiyoyo said
adding “We need to remove all the trade barriers and allow our people move freely and do
business,”
Neighbouring Democratic Republic of Congo (DRC) is the country’s largest trading partner and
with the renewed investment partnerships could accelerate the economic growth, create
employments and bring more fortunes between the countries. Actually, according to World
Integrated Trade Solution (WITS) data, Kigali exported $198m to Congo in 2016, much of that
construction materials including iron, steel and cement. 
The two governments recently signed a bilateral air service agreement as a catalyst to future
bilateral co-operation in trade and development between both countries.  
Under this agreement, Congo Airways and RwandAir can now serve a defined number of cities
in both countries. RwandAir is expected to start flight services to Kinshasa and Goma in the
coming months.
“We need a close relationship between our investors from the two countries. We are ready to
facilitate Congolese investors who would want to invest in our country,” Robert Bafakulera the
Chairman of Private Sector Federation said while addressing the gathering.
He further observed that the effective implementation of Africa free Tarde Area (AFTA) that will
create a single continental market for goods and services, with free movement of business
persons and investments, and thus pave the way for accelerating the establishment Intra-Africa
Trade.

DRC’s Ambroise Tshiyoyo with PSF Chairman Robert Bafakulera

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