The Democratic Republic of Congo (DRC) President FelIx Antoine Tshisekedi Tshilombo is set to attend the ongoing Uganda – DRC Business Forum in Kampala.
Tshisekdi who arrives on Saturday for a two-day visit is reportedly accompanied by over 100 government bosses from the DRC.
The Forum held under the theme “Promoting Bilateral Trade, Investment and Connectivity for Mutual Peace and Prosperity” is being co-organized by the Ministry of Foreign Affairs, Ministry of Trade, Industry and Cooperatives, Ministry of Finance, Planning and Development, in partnership with Private Sector Foundation Uganda (PSFU), Trademark East Africa and KTA Advocates.
According to a statement from the DRC Embassy in Kampala, Tshisekedi’s delegation includes seven ministers, presidential advisers and other government officials.
The objective of the Joint Business Forum is to provide a platform that affords an opportunity to the members of the private sector of the two countries to share experiences; create business to business networks, identify opportunities and challenges and agree common solutions that advance their collective objectives. The Forum is now on at
Among the key bilateral issues that will be discussed include Promotion of cross border Trade, Customs co-operation, Elimination of non-tariff barriers, Harmonization of standards; cross border infrastructural development; energy including power generation, among others.
The Democratic Republic of Congo is one of the key export markets for Uganda’s exports. Total exports for 2018 stood at USD 531m, with formal trade standing at USD 221m (Two Hundred and Twenty One Million) while, informal trade currently standing at USD312 (Three Hundred and Twelve Million).