IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 24 Jun 2012 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On December 24, 2011, the Democratic Republic of Congo (DRC) passed Law no. 11/022 'Portant principes fondamentaux relatifs ŕ l'agriculture', which stipulates that buyers of agricultural land must be either physical persons with DRC nationality or legal persons under DRC law in which the majority of equity is held by the state and/or Congolese citizens. Moreover, they must have their residence, domicile or seat within the DRC. The law came into effect six months after its publication.

AFFECTED COUNTRIES

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