Museveni affirms keenness on attracting Qatari investments

Summary:

• President Museveni of Uganda emphasized collaboration with Qatar during a meeting at the ‘East Africa Investment Forum.’ Discussions included the enhancement of economic ties and the attraction of Qatari investments. The forum aimed to create opportunities in trade, tourism, and investment across various sectors in Uganda.

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President Yoweri Kaguta Museveni of the Republic of Uganda underscored the promotion of collaborative efforts between Qatar and Uganda. This affirmation took place during a meeting with Qatar Chamber First Vice-Chairman, Mohamed bin Ahmed bin Twar Al Kuwari, on the sidelines of the ‘East Africa Investment Forum and Trade Exhibition’ held in Kampala, Uganda.

President Museveni emphasized the significance of bolstering economic and trade ties between the two nations, expressing Uganda’s eagerness to foster and attract Qatari investments. Simultaneously, Ugandan Minister of Finance, Matia Kasaija, engaged in discussions with QC First Vice-Chairman during the forum, addressing the reinforcement of cooperation between Qatar’s private sector and its Ugandan counterpart. The talks also delved into the various investment opportunities present in Uganda across pivotal sectors.

The forum, occurring alongside the 19th Non-Aligned Movement (NAM) Summit and the G77 + China Summit, operated under the theme ‘Deeper Cooperation in Trade, Tourism, and Investment for Shared Global Affluence.’ The ‘East Africa Investment Forum and Trade Exhibition’ aimed to create prospects in trade, tourism, investment, and technology transfer, with a focus on promoting opportunities in sectors such as tourism, agri-value addition, mineral beneficiation, oil and gas, ICT, infrastructure development, real estate, and services. (QNA)

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