Home News Uganda, Tanzania Presidents to strengthen fraternal relations in two-day engagement

Uganda, Tanzania Presidents to strengthen fraternal relations in two-day engagement

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Tanzanian President Her Excellency Samia Suluhu Hassan at the invitation of her counterpart Yoweri Museveni is set to undertake a two-day State visit to the Republic of Uganda on 10th and 11th May 2022.

The purpose of Suluhu’s visit is to further strengthen the excellent historical and fraternal relations between the Republic of Uganda and the United Republic of Tanzania.

Upon her visit, the two countries’ presidents will hold a tète a tète to review areas of cooperation for the benefit of the two sisterly countries.

President Suluhu will also address Business Executives, Policymakers, the Private Sector, and other high-level Government officials at a Business dialogue with the view of abolishing tariff and non-tariff barriers that frustrate the flow of business and employment opportunities in populations of the two countries.

The Business Dialogue will among other things address Job creation, boost bilateral trade in goods and services, enhance Foreign Direct Investments and promote tourism.

Among the business, dialogue Objectives include; Strengthen the trade relationship and linkages between Uganda and Tanzania through high-level public-private sector dialogue for economic growth and job creation for the youth.

The two will also Leverage the dialogue to eliminate the tariff and non-tariff barriers to trade that affect job creation for the countries’ youths.

Also among is to create a business-to-business dialogue and partnerships between Ugandan and Tanzania Business Actors.

The two presidents’ engagement is also a continuation to committed of a number of Business strategies which include; Fast-tracking the implementation of Infrastructural developments in the areas of energy, water & road transportation, and the Standard Gauge Railway with the capacity to employ up to 30,000 persons.

Also Exploiting the pathogenic economy through the joint establishment of pharmaceutical companies to produce vaccines and veterinary drugs to help communities that keep livestock. This is expected to create at least 3000 direct jobs and 10000 indirect jobs in the value chain and construction of the gas pipeline from Tanzania to Uganda.

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