Presidents Yoweri Kaguta Museveni of Uganda and William Ruto of Kenya have signed a fresh set of bilateral agreements, bringing the total number of trade and cooperation pacts between the two nations to 25.
The new Memoranda of Understanding (MoUs) span critical sectors, including tourism, property rights, fisheries, aquaculture, agriculture, transport, investment, and standardisation, demonstrating a renewed commitment to deepening economic ties and regional integration.
Key Agreements Include:
- Tourism Cooperation: Joint initiatives to boost tourism in both countries.
- Property Rights: Supporting local governments and empowering informal women and youth traders in the greater Busia Metro from 2025 to 2028.
- Fisheries and Aquaculture: A framework for sustainable management and development in the sector.
- Agriculture and Animal Industry: Collaboration in food production and livestock development.
- Transport Cooperation: Enhancing transport infrastructure and connectivity.
- Standards Bureau Cooperation: Closer ties between the Kenya Bureau of Standards and the Uganda National Bureau of Standards.
- Investment Promotion: Enhancing technological and investment partnerships for mutual growth.
During a joint press briefing on Wednesday, President Museveni stressed the need for African countries to harness their abundant resources and correct economic inefficiencies.
Quoting a biblical prayer, “They left undone what they ought to have done, and did what they ought not to have done”. President Museveni highlighted this as a metaphor for Africa’s missed opportunities.
“The foundation of modern economies is the production of goods and services,” he said. “But the crucial question remains: who will buy what you produce? We must focus on expanding markets and engaging consumers.”
He concluded with optimism: “East Africa is beginning to awaken.”
President Ruto echoed similar sentiments, describing his talks with President Museveni as wide-ranging, covering bilateral, regional, and continental issues.
“We reaffirmed our commitment to collaboration in key sectors such as infrastructure, trade, energy, security, and regional integration,” he said.
Ruto underscored the enduring bonds between Kenya and Uganda, rooted in shared values, history, and a collective vision for regional stability and prosperity.
The agreements signal a pivotal moment in East Africa’s drive for stronger economic and diplomatic cooperation, promising greater opportunities for both nations in the years ahead.
The Source Reports.
We come to you.
Want to send us a story or have an opinion to share? Send an email to [email protected] or WhatsApp on +256742996036.