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The Democratic Republic of Congo (DRC)-Uganda Business Forum is set to happen later this month, according to organisers.
The forum will run for three days (March 22-25) in Kinshasa, under the theme; “Deepening Bilateral Trade, Partnerships, Knowledge Transfer for Mutual Peace and Prosperity.”
The forum is being organised and coordinated by the DRC-Uganda Business Association (DUBA) on behalf of Uganda and DRC’s public and private sector entities.
This high-level engagement, according to a press statement released by DUBA, will be graced by both Uganda and the DRC ambassadors, the ministers of agriculture, energy, ICT, trade, works and transportation from both countries as well as public and private sector players and entities.
“While aspects of trade and markets to the DRC is what many aspire, optimisms on bilateral capacitation and knowledge transfer is another aspect that Uganda is going to harness in the existing relations, beyond security and infrastructure development,” the statement reads in part.
The joint forum was launched in November 2019 and was harnessed on the theme of promoting bilateral trade, investment and connectivity for mutual peace and prosperity.
The forum is a platform to enhance opportunities and partnerships for inclusive and sustainable development between the DRC.
“It is on that, that we look to further the existing structures of formal bilateral trade, markets, partnerships, knowledge transfer for mutual peace and prosperity between the Government and peoples of DRC and Uganda as we stimulate bilateral, regional Intra Africa trade and social-economic development,” the statement reads adding that, “the two countries enjoy fraternal and excellent bilateral relations; which is evidenced by established cooperation frameworks including the Joint Permanent Commission, Joint Security Operations and many other bilateral understandings which have enabled the two sisterly States to achieve common goals and objectives.
To harness this potential, the two sister countries have continued to work out mechanisms for mutual development including the joint infrastructure project, joint patrols, one-stop border posts etc.
“The bilateral infrastructure development agreements alongside joint security operations shall secure the volatile areas so that the DRC’s sustainable economic development may be realised,” the statement adds.
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