Sri Lanka-Uganda sign Five bilateral trade pacts

Sri Lanka and Uganda signed five agreements for vocational, technical, tourism, culture and political co-operations at the Presidential Secretariat on Tuesday (13).

Agreements covering technical training, economic, commercial and technical cooperation, tourism cooperation, bilateral political consultation and culture between Sri Lanka and Uganda were signed by Senior Minister for International Monetary Co-operation and the Deputy Finance of Finance and Planning Dr. Sarath Amunugama, Minister of External Affairs Prof. G. L. Peiris, Minister of Culture and Arts T. B. Ekanayake and First Lady and Minister of Karamoja Affairs Janet Kataha Museveni respectively.

The signing coincided with the visit of the Ugandan president Yoweri Kaguta Museveni. He is on an official visit to the island on the invitation of President Mahinda Rajapaksa.

The President of Uganda, , along with the first lady and a 20 member delegation also attended a Business Forum held at the auditorium of the Export Development Board.

The Ugandan President congratulating President Rajapaksa for bringing peace to Sri Lanka said that they will continue to support  Sri Lanka at international fora.

Pointing out that there are three mini hydro power projects in Uganda run by Sri Lankan investors, President Museveni sought more Sri Lankan investment and expertise to set up further hydro power projects in his country.

He also expressed willingness to share Sri Lanka’s knowledge and experience in the apparel sector, and was looking forward to seeing the development in this sector.

In his address, President Museveni also said that the five main characteristics needed to succeed in business are available in Uganda, and urged the Sri Lankan business people to come to Uganda and benefit from its resources.