By Editorial,
President Yoweri Kaguta Museveni has appealed to the government of the People’s Republic of China to expand market access for finished goods, emphasizing the importance of trading in processed products rather than raw materials.
The plea was made during a meeting with a delegation from the National People’s Congress of China, led by the standing committee’s Deputy Chairman, H.E. Luosang Jiangcun, at State House Entebbe last evening.
In a statement released by the Presidential Press Unit dated November 23, President Museveni highlighted the significance of China’s market for Uganda’s prosperity, urging for an increased focus on finished products.
He commended China for currently allowing 400 products to enter their country without tax and limit, emphasizing the vital role of such support in boosting economies.
Reflecting on the historical support from China, President Museveni acknowledged China’s continuous assistance to Africa’s development since 1949.
He praised China for projects in Uganda, including hydro dams, the Expressway, and cooperation with Huawei on the internet backbone.
H.E. Luosang expressed gratitude for President Museveni’s commitment to China-Africa friendship and cooperation, commending his leadership in promoting peace and development in Africa. END.
