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Therefore, most picket items leaving the Congo are both completed or semi-finished timber products. This order describes the creation, definition of Forest Management Units within the forestry sector and outlines the terms of their administration and operations. Fifteen p.c of a harvest for sure industries not current in the Republic of Congo yet could additionally be exported as logs and processed elsewhere. For processing, loggers sometimes enter into procurement contracts with native Congolese industries.
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The staff has a profound understanding of the native market and laws and is dedicated to offering the absolute best authorized recommendation. The monopolistic habits of key state-owned enterprises and corrupt networks surrounding the Congo’s pure sources ensures there’s minimal genuine competition or prospects for the expansion of the non-public sector within the short time period. The Republic of the Congo scored zero out of four for both safeguards against corruption and transparency, with Sassou Nguesso’s patrimonial network continuing to dominate the home economic system. Our integrated strategy is designed to leverage a global expertise pool and serve organisations of all sizes, from SMEs to the largest multinational firms.
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There is clear proof of monopolistic behavior by state-run enterprises in key sectors, most notably SNPC within the oil sector. Sassou Nguesso’s son and daughter had been each accused in 2019 of siphoning off vital sums from the state’s oil revenues. A giant proportion of the population continues to be employed in subsistence or informal sectors, accounting for more than 80% of complete employment. We provide a comprehensive and flexible range of providers to our purchasers, specialising in audit, accountancy, advisory, tax and legal services.