Washington, DC — This day, the United States is sanctioning armed groups carrying out illegal mining and present chain actors profiteering from war minerals in japanese Democratic Republic of the Congo (DRC). The Department of the Treasury is designating four entities producing and trading in war minerals in Rubaya, an substantial mining dwelling filthy rich in valuable minerals.
This day’s sanctions impose penalties on actors who destabilize the japanese DRC. They target one of many armed groups carrying out illegal mining operations including by blueprint of compelled labor and violence against civilians. They furthermore counter firms in the DRC and China that accomplice with armed groups to profiteer off instability to rob the mineral wealth of the DRC. This day, the United States is sending a transparent message that no armed neighborhood or business entity is immune from sanctions if they undermine peace, stability, or security in the DRC.
Thru the U.S.-mediated peace course of, especially the Regional Financial Integration Framework, the United States supports the DRC and Rwanda in building a more soundless and prosperous future. The United States is resolved to finish the exploitation of war minerals in the Gargantuan Lakes spot. The U.S. executive will continue to rob circulate to strengthen a mining sector that contributes to lasting stability and economic vogue in the Gargantuan Lakes spot and exact, loyal international valuable minerals present chains.
The Department of the Treasury’s actions had been taken pursuant to E.O. 13413, as amended, which authorizes the imposition of sanctions on persons who contain engaged in activity which threatens the peace, security, or stability of the DRC or supported persons which would possibly well perchance also very neatly be involved in such activities, including by blueprint of the illicit alternate in natural resources of the DRC. For more information, survey the Department of the Treasury’s press initiate.
