3 articles | last updated: May 17 00:21:00
Potential relief aims to facilitate Gertler's exit from Congo and attract Western investment in critical minerals.
- The US Treasury is exploring limited sanctions relief for Dan Gertler to support his departure from the Democratic Republic of Congo.
- Gertler has been under US sanctions since 2017 for alleged corrupt mining deals with former Congo President Joseph Kabila.
- The Biden administration's proposal includes strict conditions, such as audits and escrow arrangements for royalty proceeds.
- Western companies may be more willing to invest in Congo's mining sector if Gertler exits, reducing Chinese dominance.
- Human rights groups criticize the potential deal, arguing it could reward corruption and leave Gertler unaccountable.
People, Places and Things In This Story
- Dan Gertler Israeli businessman
- United States Country in North America
- Joseph Kabila Former President of the Democratic Republic of the Congo
- Joe Biden 46th U.S. President
- Israel Country in the Middle East
- Democratic Republic of the Congo Country in Central Africa
- United States Department of the Treasury Government department
- Chinese Spoken language
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- Government
- Business
- Politics
- Ethics