Uganda, Czech Republic move to strengthen ties with first business forum

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Uganda, Czech Republic move to strengthen ties with first business forum
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The first  Uganda Czech business forum  organized by the Ugandan Embassy in Berlin and the Czech Chamber of Commerce in Prague has opened.

The two day  business forum running  under the theme “Strengthening bilateral trade and investment: Harnessing opportunities for sustainable economic growth" was opened by Mrs. Jana Havrdova, the Vice President of the Czech Chamber of Commerce and Amb. Danny Mayanja Ssozi, the Deputy Head of Mission, Uganda Embassy Berlin.

The deputy head of the Ugandan mission in Berlin applauded  the Czech Chamber of Commerce for agreeing to organize this business forum but also informed the delegates of  exciting investment opportunities in Uganda  which the Czech Republic investors can tap into.

He noted that Uganda offers a fertile ground for investment across the various sectors that include Agriculture, renewable energy, infrastructure development, ICT, tourism among others.

Mrs. Jana said her country was happy to host the forum.

“ Uganda is quite a new territory for us and I thank the Ugandan Embassy in Berlin and the Ambassador for the cooperation and the opportunity to introduce Uganda to Czech businessmen. Your delegation is the first major representation of this country. We are aware that Uganda has a population of almost 50 million and the capital city has a population of about 8 million and we look forward to tapping into such a big economy," she said.

Mrs Susan Muhwezi, the senior presidential advisor on trade urged Czech businessmen and investors to take advantage of Uganda's conducive environment .

“Ladies and gentlemen, Uganda is open and ready for investment in its tourism and hospitality industry. With its unparalleled natural beauty and strategic location, our country presents a golden opportunity for European investors to explore new frontiers in tourism development. By investing in Uganda, you not only gain access to a lucrative market but also contribute to the sustainable development of one of Africa’s most promising tourism sectors” said Mrs Muhwezi.

Phillip Kakuru speaks during the forum.

Phillip Kakuru, the Senior Presidential Advisor on trade encouraged the Uganda-Czech Republic Business Forum to establish links between our two countries as Uganda presents opportunities for investment in commercial Agriculture, ICT and set up innovation hubs for youths and encouraged investments in skills transfer of Uganda Diaspora in Czech Republic.

Uganda and the Czech Republic enjoy cordial relationships with mutual trade between the two countries being developed gradually.

The forum underscored the need to escalate this trade and investment engagement to greater heights including formulating and signing of MoUs and organizing trade and investment missions in both countries.

It  attracted delegates from the government of Uganda including Bagonza Mohammed (Senior Presidential Advisor on on Diaspora Matters at State House),  Kakuru Phillip Kwijuka (Senior Presidential Advisor on Trade based in South Africa),Agama Woling Anthony (Minister Counselor), and Ms. Jessica Namuddu (Second Secretary and Coordinator of the Business Forum), members of the Czech Chamber of Commerce, Ministry of Trade and Industry, Czech Republic as well as Ugandans in the Diaspora based in Czech Republic led by Mr. Steven Musana.

 

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