Rowland Bon Nkahebwa August 9, 2024

President Museveni applauds growing trade relations between Uganda and China

The Presidential Advisory Committee on Exports and Industrial Development (PACEID), together with the National Strategic Communication Committee, has successfully facilitated an interview between China Global Television Network (CGTN) and President Yoweri Kaguta Museveni to discuss the growing trade relations between Uganda and China. This interview, that will air on the Leaders Talk segment, is part of a larger plan to have President Museveni engage in four interviews before this year ends with international media in different export markets to promote Ugandan products and attract foreign investment.

CGTN is one of three branches of the state-run China Media Group and the international division of China Central Television (CCTV). As of February 5, 2024, CCTV was the leading television station in China with media platforms hosting over 115 million active users and watched by up to 1.5 billion people worldwide.

CGTN Leaders Talk Anchor Wang Guan conducted the interview assisted by the crew; Zhang Yajing, Liu Yuhao and Zheng Hao.

The decision to start with China is strategic, as the country is preparing to set up a Uganda Trade Hub in China, and has appointed a Trade Representative to assist Ugandan exporters with market surveys and information on market trends. This move has already shown promising results, with orders for 2000MT of Ugandan sim-sim and cassava flour from China worth billions of dollars which President Museveni has applauded.

Trade Representatives are charged with supporting the country to handle the four key pillars in their markets. These are dealing with critical compliance measures such as food safety standards that impede Ugandan exports in the regional and international markets, finding new ways and means to approach both old and new markets that take Uganda’s products, coordinating the use and management of exit/border infrastructure such as warehousing, laboratories, cold rooms and bring them into conformity with the needs of the exporters and to lead the process for creation of an export credit fund that will de-risk entry of Ugandan products in foreign markets.

During the interview conducted at State House, Nakasero, on Thursday, July 8, 20204, President Museveni highlighted the importance of the growing partnership between Uganda and China, emphasizing the potential for increased trade and investment between the two countries. The President’s engagement with international media is part of a larger effort by PACEID to promote Ugandan products, increase the country’s presence in key export markets, and ultimately grow the country’s foreign earnings.