President Yoweri Kaguta Museveni has advised the European Union (EU) leaders to focus on doing business in Africa rather than attempting to control political landscapes. Speaking at the 3rd Uganda-European Union Business Forum 2024, President Museveni emphasized the importance of separating politics from business and urged European governments to cease mixing the two. He highlighted that businesses should prioritize profitability and encouraged the EU to engage in serious dialogue with Africa to create more business opportunities for mutual benefit.
Furthermore, President Museveni cautioned against exploitation and unfair labor division by western powers, emphasizing the detrimental effects of exporting raw materials without value addition. He cited examples like coffee production, where African countries receive a fraction of the global value compared to the processed product.
“Therefore when you are talking about businesses ,you should look at the level of profitability of businesses in this part of the world compared to Europe, Asia and other investment destinations,” President Museveni expounded.
The President stressed the need for a fair distribution of labour and called for initiatives to promote global affluence, which would benefit businesses worldwide.
In welcoming European companies to invest in Uganda, President Museveni emphasized the strategic importance of such investments for both parties. His remarks were echoed by H.E Jan Sadek, the Ambassador of the European Union to Uganda, who highlighted the numerous trade opportunities available to both Ugandan and European companies.
During the forum, several agreements were signed to boost investment opportunities between Uganda and European companies. These initiatives include projects such as Green and Decent Jobs for Youth, Advancing Respect for Business and Human Rights, and support for the Agricultural Revitalization and Transformation facility, among others.
These partnerships aim to enhance employment, promote human rights, and support the growth of agribusiness in Uganda, demonstrating the commitment of both Uganda and the EU to fostering economic development and prosperity.
I couldn’t leave your website without expressing how much I appreciate the valuable information you provide to your readers. I’ll definitely be returning regularly to explore your latest posts. Keep it up my friend! By the way I am a Senior Researcher @ Clickmen™ ~ SEO Experts & Backlink Building Web Design Agency in USA & Canada.
Hi my loved one I wish to say that this post is amazing nice written and include approximately all vital infos Id like to peer more posts like this
Its wonderful as your other posts : D, appreciate it for putting up.
I went over this internet site and I think you have a lot of good info , saved to my bookmarks (:.
Great write-up, I?¦m normal visitor of one?¦s blog, maintain up the excellent operate, and It’s going to be a regular visitor for a lengthy time.
Youre so cool! I dont suppose Ive learn anything like this before. So good to seek out any individual with some authentic ideas on this subject. realy thank you for starting this up. this website is something that’s wanted on the web, someone with a little originality. useful job for bringing something new to the web!
Just wanna remark that you have a very nice site, I love the layout it actually stands out.
It’s a pity you don’t have a donate button! I’d most certainly donate to this outstanding blog! I guess for now i’ll settle for book-marking and adding your RSS feed to my Google account. I look forward to brand new updates and will share this site with my Facebook group. Talk soon!
Exceptional post however , I was wondering if you could write a litte more on this subject? I’d be very thankful if you could elaborate a little bit further. Many thanks!
I loved as much as you will receive carried out proper here. The caricature is tasteful, your authored subject matter stylish. nonetheless, you command get bought an impatience over that you would like be handing over the following. in poor health indisputably come further earlier again since exactly the same nearly very continuously within case you shield this hike.
Loving the info on this internet site, you have done great job on the content.
I gotta bookmark this web site it seems handy invaluable
I know this if off topic but I’m looking into starting my own blog and was curious what all is needed to get set up? I’m assuming having a blog like yours would cost a pretty penny? I’m not very internet savvy so I’m not 100 positive. Any tips or advice would be greatly appreciated. Kudos
Its great as your other blog posts : D, thanks for posting.
os0ys4
p3nwa4