Yoweri Museveni
Yoweri Museveni

Ugandan President Yoweri Museveni and visiting Democratic Republic of Congo (DRC) leader Felix Tshisekedi have agreed to advance trade and economic ties between the two neighboring countries.

A State House statement issued here on Sunday said the two leaders on Saturday agreed to among others increase trade and investments between the two countries.

“We are going to improve road infrastructure including the Mpondwe-Beni road, Goli-Bunia Road, Bunagana-Rutshuru-Goma road and the bridge across river Semuliki to Bunya. These will improve trade, social issues and will guarantee security,” Museveni said.

Museveni said modern prosperity comes from business.

“If we have factories, we sell more and expand and also provide goods and services for the population. Africa imports a lot from China, Japan and India. Such goods should be made here,” Museveni added.

Tshisekedi said economic cooperation and embracing of the African Continental Free Trade Area agreement is critical in stimulating economic growth; generating employment and facilitating the movement of goods and services.

Tshisekedi was in Uganda to attend a two-day Uganda-DRC Business Forum 2019.

The two countries concluded several business agreement during the two-day state visit.

Trade among the two countries is estimated to be about 532 million U.S. dollars, according to Uganda Bureau of Statistics. Enditem

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