International Trade in Congo

International Trade in Congo

After having suffered a recession in 2007, the Congolese economy showed a more sustained growth in 2008, due to the increase in oil prices. Although forestry and wood-processing industries have been greatly hit by the global economic crisis, the latter did not prevent the Congolese economy... Read more

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Market Analyses About Congo (17)

Import and Export Services in Congo (19)

  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Congo

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...
  • Atlantica Translation Company

    Atlantica Translation Company

    Translation Services, Congo

    Professional Translation Services English to Russian, Russian to English: — marketing translation — technical...

Business Tips About Congo (18)

Agents and Distributors in Congo (1)

  • A group

    A group

    Chemical Sales and Distribution, Congo

    Happix Premium Baby Diapers were designed to make sure that mothers and babies are happy. Four different Happix premium diaper sizes to...

Overview About International Trade in Congo

Economic Overview

After having suffered a recession in 2007, the Congolese economy showed a more sustained growth in 2008, due to the increase in oil prices. Although forestry and wood-processing industries have been greatly hit by the global economic crisis, the latter did not prevent the Congolese economy from reaching a high level of growth (10.6%) in 2011, driven by exports and investment. The drop in oil prices nevertheless exposes the country's economy to dangers in the coming years.

The IMF approved a new FRPC program (website in French), for the 2008-2011 period, the objective of which is to fight poverty, improve competitiveness abroad and accelerate population growth by reinforcing the diversification of its economy. Despite the global crisis, the implementation of the program by the government was judged to be very satisfactory by the IMF. The attention is now turned toward key areas such as fiscal reform, improvement of the efficiency of government spending and strenghtening the management of oil reserves.

The conflicts that the Republic of Congo has suffered have left the country in a worrisome social situation. Poverty affects more than half of the population, the health...

News Related to International Trade in Congo

  • Welltec and Total E&P Congo deploy world??s first cement-less completion - Jul 12, 2019

    Welltec, well intervention and well constructions solutions company, has announced the first deployment of a completely cement-less completion in the Republic of Congo during 2019’s second quarter. Welltec, in the first quarter of 2017, deployed the Welltec Annular Barrier (WAB) in the Moho North Arabian Field. The company used this knowledge and experience, together with [&hellip

    Source: IT News Africa

  • The Republic of Congo joins the Inclusive Framework on BEPS - Jul 12, 2019

    Following the first meeting of the Inclusive Framework on BEPS in Kyoto, Japan, on 30 June-1 July and the regional meeting for Latin America and the Caribbean held in Montevideo, Uruguay, on 21-23 September, more countries and jurisdictions are joining the framework. On 14 October, the Inclusive Framework on BEPS welcomed Republic of Congo as its 87th member.

    Source: OCDE

  • After deadly collapse, Congo vows to remove illegal miners from Glencore concession - Jul 01, 2019

    Congo's interior minister vowed to remove all illegal miners by Sunday from a copper and cobalt mine run by Glencore following a landslide this week that killed at least 43 of them.

    Source: Reuters