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During the briefing

Uganda, Congo Brazzaville Discuss Boosting Trade Ties

posted onFebruary 14, 2022
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President Yoweri Museveni said Uganda is looking to boost trade cooperation through strong regional cooperation with Congo Brazzaville.

The President was Saturday speaking during a hectic tour of various projects in Oyo where he was on a working tour at the invitation of President Denis Sassou Nguesso of Congo.

President Museveni visited a bio milk processing unit, a large cattle ranch at Ranchikila and an ostrich farm at Olenga.

The ranch has over 1,900 cattle and employs over 200 people. The President also visited the Bon Beef abattoir, which adds value to the meat products.

President Museveni told his host that with value addition on milk, they can have a bigger market for their produce.

“If you add value through making powdered milk, you can have a bigger market,” he said.

Later the two heads of state held a bilateral meeting during which they discussed various trade opportunities between the two countries.

Congo Brazzavile is the fourth largest Sub-Saharan oil producer, with an output of 360,000 barrels per day from reserve estimates of around 1.6 billion barrels according to reports. It produces around 240 million cubic feet of gas daily from reserves estimated at 111 billion cubic feet. 

Congo is endowed with tropical rain forests with vast uncultivated arable land accounting for around a third of its total area.

Later in the day, President Museveni and his host President Dennis Sassou Nguesso were joined by President Felix Tshisekedi of the Democratic Republic of Congo and President Faure Essozimna Gnassingbé Eyadéma of Togo for a mini-summit on peace and security.

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