As Conflict Rages in Congo, President Offers U.S. Minerals Deal - The New York Times

Key Points

President Felix Tshisekedi of the Democratic Republic of Congo (DRC) offered the US and Europe a stake in the country's vast mineral wealth, aiming to reduce China's dominance and enhance security.

The DRC possesses significant reserves of coltan and cobalt, crucial for electronics and electric vehicles. China currently holds greater access to these resources than the US or Europe.

Mr. Tshisekedi criticized a deal between the European Union and Rwanda, accusing the EU of complicity in the theft of Congolese minerals. He views Western investment, including a potential minerals deal, as crucial for stability amidst ongoing conflict.

Conflict and Resource Exploitation

The conflict in Congo, likened by Tshisekedi to the Russia-Ukraine war, involves an armed group backed by Rwanda seizing territory. This has led to concerns about resource plunder and instability.

China's Influence

China's substantial influence in the Congolese minerals sector provides a backdrop for President Tshisekedi’s proposal of a minerals deal with Western nations.

The European Union Deal

• The EU's agreement with Rwanda grants access to minerals such as tin, tungsten, and gold, in exchange for about $935 million.
• Tshisekedi condemned this agreement as a scandal, alleging it is complicit in the theft of Congolese minerals.