Uganda to benefit from new UK trade strategy

posted 15 May 2011, 13:06 by Mark Torokwa

The United Kingdom has unveiled a new trade programme aimed at increasing trade between its firms and those in foreign countries including Uganda. 

The move provides successful Ugandan businesses a chance to break into the European market, according to Mr William Hague, the UK foreign secretary. 

The country, unveiled the UK Trade and Investment Strategy and the Foreign Commonwealth Office Business Charter on Wednesday.


“The new plans demonstrate the government’s commitment to supporting international business, supporting UK business overseas and attracting investors to the country,” a statement from the British High Commission in Uganda reads in part.

The UK was Uganda’s leading source of Foreign Direct Investment, until last year when aggressive China took over its spot.


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