Uganda and South Sudan sign trade agreement
By the AFREEQUE newsroom, based on Nile Post
Uganda and South Sudan have signed a trade memorandum of understanding to reduce delays, high costs and other obstacles to cross-border trade. Joint technical committees will monitor its implementation, with a roadmap and regular review meetings, according to Nile Post.
Uganda and South Sudan signed a memorandum of understanding on cross-border trade in Kampala on Wednesday. The agreement provides for the creation of joint technical committees to monitor its implementation and address delays, high costs and other obstacles to trade between the two countries, reports Nile Post.
Uganda’s State Minister for Industry, David Bahati, and South Sudan’s Minister of Trade and Industry, Dr Labanya Margaret Mathya, signed the document during the second Uganda-South Sudan Business Forum and Exhibition. The event was held in Kampala under the theme of reducing the cost of doing business and opening up new opportunities in regional markets.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
