New border market to increase Rwanda-DR Congo trade
summary：On Tuesday 19 April, the construction of a new cross border market in the Karongi District began. The market will be completed within 12 months at a cost of Rwf 1.58 billion and is expected to boost trade between Rwanda and DR Congo....
On Tuesday 19 April, the construction of a new cross border market in the Karongi District began. The market will be completed within 12 months at a cost of Rwf 1.58 billion and is expected to boost trade between Rwanda and DR Congo.The market will have a section for selling livestock, a warehouse, slaughter house as well as a vegetable section.
Minister for Trade and Industry, Francois Kanimba said cross border trade is very important for Rwanda as it will help decrease imports.
A study conducted in 2009, showed that products sold in cross border markets constituted 25% of Rwanda's exports at the time.