The Chairman of the Board of Directors and the Director General of the National Agency for Investment Promotion, ANAPI, were received in audience on Thursday, February 13, 2020 by the Speaker of the Senate, Honorable Alexis Thambwe Mwamba, at his office at the Parliament Palace.
Their discussions revolved around the general business environment in the DRC and the important role played by the Senate in the process of cleaning up the business climate.
Indeed, the DRC is still governed, in several important sectors of economic life, by legislation that has become obsolete and sometimes unsuited to the current business world. Moreover, there is a lack of a legal framework in certain priority sectors such as urban planning and housing. This situation is not without consequences for the competitiveness of our economy in the region and on the continent. Therefore, the modernization of our legislation is an absolute necessity.
ANAPI has therefore requested from the Honorable Speaker of the Senate, the support of the Office of the Upper House of Parliament in order to make effective the different important reforms included in the new road map, requiring the examination and adoption by the Senate of the different texts, before their communication to His Excellency the President of the Republic for promulgation in the Official Gazette. This will have the impact of strengthening legal and judicial security and promoting investment in our country.
Thus, several reforms involving the adoption of laws are being prepared, some of which have already been transmitted to Parliament for some time for consideration. This is notably the case of Law n°002/2001 of July 3, 2001 on the creation, organization and functioning of Commercial Courts, the Law on Trade and Electronic Exchanges, the Law on the application of OHADA Law in the DRC, etc.
In addition, some legal texts that have become obsolete or unsuited to the current context of the business world or that are not conducive to attracting investments in the said sectors need to be revised. These include the Land Code, the Agricultural Code, the Investment Code, and the Law on Intellectual Property.
The President of the Bureau of the Senate, the Honorable Alexis Thambwe Mwamba, firmly committed himself to accompany ANAPI in its efforts to improve the business climate in DRC, and to offer the country a more competitive legal and judicial framework conducive to the massive attraction of investments.