Congo Gold Shipped Through Uganda

The United Nations will release a report later this week detailing the continued illegal smuggling of gold from the Democratic Republic of Congo through Uganda.  The BBC reports:

Melissa Engle/MCC

 

“the profits of this trade run into several millions of US dollars, which goes back to the armed groups in charge of the illicit trade…The UN Security Council has had an arms embargo in place in DR Congo for six years following the peace accord between the government and armed groups.”

In a cruel twist of irony, Congo’s greatest potential for promoting development has become a lethal liability. Tin, tantalum, tungsten and gold are the primary minerals illegally traded by armed groups, earning them $144 million each year.

After the minerals are sold, they are transported through neighboring countries. From there the minerals are shipped to various parts of East Asia, where they are processed into metals. Corporations purchase these metals and use them to produce electronic devices such as computers and cell phones. The United States is one of the largest consumers for these products.

Click here to read about more policy solutions for DR Congo.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 35 other followers