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MUSEVENI ROOTS FOR MUTUAL TRADE, DEVELOPMENT IN MEET

Friday, 22nd September 2017
President Yoweri Museveni meeting Canadian Prime Minister Justin Trudeau on the sidelines of the UN General Assembly in New York City yesterday Sept 20th 2017. PPU Photo

President Yoweri Museveni is rooting for stronger trade and development relations with Canada, urging Canadian Prime Minister Justin Trudeau to encourage investors and to re-establish and strengthen their partnerships for mutually beneficial relationships.

The President was yesterday meeting PM Trudeau at the sidelines ofthe 72nd, session of the United Nations General Assembly at the UN Headquartersin New York.

Museveni called for more cooperation between the two countries andurged Canada to ensure market access for Uganda products and boost trade andinvestment.

"We should revive and strengthen our former cooperation. Canada was initially in the mining, infrastructure and transport sectors. They can also invest in energy," he said.

The President congratulated Trudeau upon his election as PrimeMinister of Canada.

PM Trudeau hailed President Museveni and the people of Uganda for hosting refugees. He hailed Uganda's refugees' policy and said the world should emulate Uganda in the way they handle refugees.

"Uganda has a very good record of assisting refugees. It is a great example of what the rest of the world can pick from," he said.

He also agreed with the President on strengthening trade andinvestment between the two countries.

Canada's engagement with Uganda supports human rights, democratic governance, and effective service provision for the people of Uganda.

Uganda plays a key security role in the region and is the largesttroop contributor to the African Union Mission in Somalia (AMISOM). Canada, incollaboration with the Netherlands, contributed over $10 million in equipmentand training to support the deployment of a formed police unit (FPU) fromUganda to Somalia to assist AMISOM in 2010.

In 2013, two-way merchandise trade totaled $28.1 million consistingof $23.4 million in exports to, and $4.7 million in imports from, Uganda. TopCanadian merchandise exports to Uganda included textiles, machinery andequipment while top Canadian merchandise imports from Uganda were primarilycoffee, fish, live trees, and cocoa.

On the investment side, Canadian interests and activities areconcentrated primarily in the mining and infrastructure (power generation andtransportation) sectors.

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