Sunday , January 16 2022
Home / Tag Archives: trade

Tag Archives: trade

20 years on, euro has yet to tap its int’l potential

Frankfurt, Germany | Xinhua | The euro, a currency shared by 19 European countries, has won overwhelming support among the 340 million Europeans since it went into circulation 20 years ago. The idea of a single currency for Europe, which originated in 1970 when policy makers in Europe hoped to achieve …

Read More »

World’s largest trade deal enters into force

Jakarta, Indonesia | Xinhua | The Regional Comprehensive Economic Partnership (RCEP) agreement, the world’s largest trade deal so far, enters into force on Saturday. The mega free trade agreement has been applauded by the Asia-Pacific region as an important step toward deeper regional integration and a renewed worldwide momentum for free …

Read More »

Uganda records positive balance of trade, as gold receipts hurt

Kampala, Uganda | THE INDEPENDENT | Uganda’s export and import trade sector recorded declines in both volumes and value in the last six months of the year ending October 2021, as economic activity slowed down compared to the previous six months. Uganda had previously recorded a deficit in trade in both …

Read More »

Uganda, DR Congo speakers root for regional cooperation

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Jacob Oulanyah and the President of the Senate of the DR Congo, H.E. Modeste Bahati Lukwebo have agreed to foster bilateral relations that better the lives of their people. In their meeting on Tuesday, 21 December 2021 at Parliament House, Oulanyah …

Read More »

RWAKAKAMBA: We are doing a brilliant job at Dubai Expo

  Dubai, UAE | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development, Matia Kasaija on Monday morning signed the first investment deal at the Dubai Expo, with global financing company, Modha Investments which focuses on commercial agriculture and food processing. Modha’s license in Uganda targets the development …

Read More »

Uganda exports to UAE grow from $300M to $1,850Bn

Kampala, Uganda | THE INDEPENDENT | Uganda’s exports to the United Arab Emirates have grown from $300 million since diplomatic relations were established in 2009 to $1.85 billion in 2020. Exports are mainly precious minerals, high value crops and labour. President Yoweri Museveni today visited Uganda’s stall and pushed for more …

Read More »

Moroto-Lokitanyala road to boost regional integration

Kampala, Uganda | Ian Katusiime | The upgrading of the 42km Moroto-Lokitanyala road from gravel to bituminous standard has been billed as a boon for regional integration. The road from Moroto town skirting deep into Karamoja up to the Uganda Kenya border has been hailed as a timely intervention for boosting …

Read More »