President Yoweri Kaguta Museveni has cautioned European Union leaders against attempts to exert political control on a global scale
Speaking at the forum with the European Union leaders at the 3rd Uganda-European Union Business Forum 2024 held at Speke Resort Munyonyo themed “Boosting Trade and Investment”. He emphasized the need for European Governments to stop mixing politics with business.
“The non-trade barrier created by wrong politics where people mix politics with business, you need to advise governments in Europe to get out of that mistake, because there is no way you can control the world politically,” Museveni said.
President also urged the European Union to ensure that they engage in a serious dialogue with Africa to create more business opportunities among both parties.
During the forum, several agreements were signed to bolster investment prospects between Uganda and European companies. These initiatives encompass diverse sectors such as youth employment, human rights protection, agricultural revitalization, and women entrepreneurship. Projects like the Green and Decent Jobs for Youth aim to enhance employability and promote environmentally sustainable employment, while others focus on advancing respect for business and human rights and facilitating access to finance for small and medium-sized enterprises
H.E Jan Sadek, the Ambassador of the European Union to Uganda, echoed President Museveni’s sentiments, noting the abundant trade opportunities between Uganda and European companies.
Hon. Evelyn Anite, the Minister of State for Investment and Privatization thanked President Museveni for gracing the forum and assured that Uganda is now in the take off stage, ready to embrace all favourable investment opportunities from European companies.
