SECO: Ordinance on measures against the Democratic Republic of Congo
January 15, 2025
The Swiss Confederation has adopted an ordinance on measures against the Democratic Republic of Congo (DRC). The ordinance enters into force on January 15, 2025.
Background
The DRC has been plagued by conflict and instability for decades. The country is rich in natural resources, but its people are among the poorest in the world. The conflict in the DRC has been fueled by a number of factors, including ethnic tensions, political instability, and the exploitation of natural resources.
The Swiss Confederation has been providing humanitarian aid to the DRC for many years. In 2024, Switzerland provided CHF 18 million in humanitarian aid to the DRC. Switzerland is also a member of the International Contact Group on the DRC, which is working to promote peace and stability in the country.
Ordinance on measures against the Democratic Republic of Congo
The ordinance on measures against the DRC imposes a number of restrictions on trade with the DRC. The ordinance prohibits the import of certain goods from the DRC, including:
- Weapons and ammunition
- Precious metals and stones
- Timber
The ordinance also prohibits the export of certain goods to the DRC, including:
- Luxury goods
- Vehicles
- Electronics
The ordinance also imposes a number of other restrictions on trade with the DRC, such as:
- A ban on investment in the DRC
- A freeze on the assets of certain individuals and entities in the DRC
Impact of the ordinance
The ordinance on measures against the DRC is expected to have a significant impact on the country. The ordinance will make it more difficult for the DRC to import goods that it needs, such as food and medicine. The ordinance will also make it more difficult for the DRC to export goods that it produces, such as minerals and timber.
The ordinance is also expected to have a negative impact on the Swiss economy. The ordinance will reduce trade between Switzerland and the DRC, which will lead to job losses in Switzerland.
Conclusion
The Swiss Confederation’s ordinance on measures against the Democratic Republic of Congo is a significant development. The ordinance is intended to put pressure on the DRC to end the conflict and improve its human rights record. However, the ordinance is also likely to have a negative impact on the DRC’s economy and the Swiss economy.
SECO: Ordinance on measures against the Democratic Republic of Congo
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