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This report is designed to be an introduction to the political, economic, and trade situation in the Democratic Republic of Congo (DRC). The DRC is the second largest country in Africa and boasts one of the largest population on the continent.
The Democratic Republic of Congo (DRC) offers significant growth potential for U.S. food and beverage exporters, driven by its large population and increasing urbanization, U.S. agricultural and related product exports to the DRC are rising, with strong demand for wheat, poultry, vegetable oil, and rice.
On May 5, 2022, trade and finance ministers from East African Community (EAC) member countries agreed to raise minimum common external tariffs from 25 to 35 percent on several agricultural products.
On January 1, 2021, the Government of Nepal’s (GON) Ministry of Industry, Commerce and Supplies (MOICS) applied a provision in the Foreign Investment and Technology Transfer Act 2019...
South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.