Uganda, China Investment Conference Eyes Boosting Trade

Kp Reporter·Business·

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Uganda, China Investment Conference Eyes Boosting Trade

The Ministry of Foreign Affairs together with the Uganda Embassy in Beijing- China coordinated and participated in the China (Changsha) - Uganda Investment...

The Ministry of Foreign Affairs together with the Uganda Embassy in Beijing- China coordinated and participated in the China (Changsha) - Uganda Investment Economic and Trade Promotion Event that was held on Tuesday, April 25 at the Serena Kampala Hotel. 

The main objective of this Conference was to further bolster bilateral cooperation between Uganda and the People’s Republic of China specifically the sister-sister relations of Changsha City and Entebbe City.

The promotion conference focused on showcasing Uganda’s Investment opportunities in the areas of agriculture value addition; mineral development and promotion of the 3rd China Africa Economic and Trade Expo scheduled for June this year.

The Government of Uganda was represented by Frank Tumwebaze, the Minister of Agriculture Animal Industry and Fisheries; Okaasai Sidronius Opolot, the Minister of State for Energy and Mineral Development, Ambassador Elly Kamahunge Kafeero, the acting Director for Regional and Economic Affairs as well as other government Officials from different MDA's.

Over 60 companies from Uganda and China participated in the event. 

Over the past 60 years, the China- Uganda economic and trade relations have made significant progress. In 2019, the relationship between Uganda and China was upgraded to the level of Comprehensive Cooperation Partnership with a Joint Commission on Trade, Economic, Investment and Technical Cooperation (JCTEIT) as a bilateral framework of economic cooperation.

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