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NGO Describes 2008 China-DR Congo Sicomines Deal Described as “Unconscionable”

It sounds like the soon-to-be-released report by the Congolese branch of the Extractive Industries Transparency Initiative (EITI) is going to be unsparing in its criticism of the 2008 Sino-Congolese deal that created the Sicomines joint venture mining company.

Reuters is the latest news agency to review a draft and reported over the week that it described the $6 billion deal as “unconscionable” and that EITI will call on the Congolese government to take drastic action.

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