President Museveni has advised the Comesa member states to shift to intra-regional and local trade. Speaking at the closure of the Comesa meeting in Kampala on Friday, President Museveni said: “The problem is not the market, but the entrepreneurs to take up the opportunities available.”

Leaders of the Great Lakes region and COMESA member states after attending the 5th Extra ordinary summit at Munyonyo. PHOTO/Eddie Ssejjoba

By Raymond Baguma & Samuel Sanya

Member states of the Common Market of East and Southern Africa (COMESA) have resolved to fast-track the implementation of joint infrastructure projects in railways, energy, roads and ICT to boost regional development.

This was contained in the final statement issued on Saturday at the end of the 16th COMESA Summit of Heads of State and Government in Kampala.

 

Joyce Hilda Banda née Mtila arrives in the country for the summit.PHOTO: Enock Kakande

By Raymond Baguma

The African heads of state meeting in Kampala is today expected to adopt a report on regional trade, arising out of a meeting of the Council of Ministers.

The spokesperson of the foreign affairs ministry, Elly Kamahungye, said the council had met earlier and completed a report, which makes key recommendations on a number of issues, including regional trade.

 

President of Malawi Joyce Banda hands over to President Yoweri Museveni.PHOTO: Oryema Kennedy

By Raymond Baguma and Samuel Sanya

President Yoweri Museveni today Friday 23rd November 2012 assumed chairmanship of the Common Market for Eastern and Southern Africa (COMESA) regional economic bloc.

Museveni takes over from the outgoing President Joyce Banda of Malawi who handed over the chairpersonship during the 16th summit of the COMESA heads of state and government.

The summit taking place at the Speke Resort Munyonyo will close on Saturday 24th November 2012, and is taking place under the theme, “enhancing intra-COMESA trade through micro, small and medium enterprise development.”

 

 Home News National  National Optimism as Uganda joins Comesa’s free trade zone Share Bookmark Print Rating Minister of Trade Amelia Kyambadde greets Vice President Edward Sekandi at Resort Beach Munyonyo during the Comesa meeting yesterday as other officials look on.  Minister of Trade Amelia Kyambadde greets Vice President Edward Sekandi at Resort Beach Munyonyo during the Comesa meeting yesterday as other officials look on. PHOTO BY DOROTHY NAKAWEESI.  The eighth Comesa Business Forum closed yesterday November 21st 2012, leaving behind both the good and bad news. The good news is that Uganda is now a member of the Comesa Free Trade Area (FTA) and the bad news is that — depending on how Uganda plays the ball - it could end up as a dumping ground for regional products.

 Uganda Export Promotion Board Uganda Warehouse Receipt System Authority Management Training and Advisory Centre Uganda National Bureau of Standards Uganda Industrial Research Institute