Friday, February 24, 2017

Museveni's visit set to concrete financial ties

Tags

UGANDA President, Yoweri Museveni, touches base in the nation tomorrow for a two-day state visit, to investigate different potential zones of reciprocal financial association, among them, the enhanced payload leeway at the Dar es Salaam Port.
Picha inayohusiana

President Museveni will likewise hold converses with his host, President John Magufuli on the East African Common Market and in addition the progressing venture for the development of the 1,443-kilometer pipeline to transport raw petroleum from Hoima in Uganda to Tanga Port, among others.


Mr Museveni's visit additionally goes for fortifying respective relations amongst Tanzania and Uganda and examining different local and global matters, zones of collaboration between the two nations including vitality, business and foundation among others, as indicated by the Minister for Foreign Affairs and East African Cooperation, Dr Augustine Mahiga Addressing a news gathering in Dar es Salaam yesterday, Dr Mahiga said a plane conveying the Ugandan pioneer will touch down at the Julius Nyerere International Airport (JNIA) tomorrow at around 9:00a.m.


"The president and his assignment, on the main day of the visit to the nation, will cool off subsequent to leaving the JNIA at Dar es Salaam's Serena Hotel before heading for the State House where Mr Museveni will be gotten by Dr Magufuli for a shut entryway meeting,'' Dr Mahiga said.


Later in the day, President Magufuli and his visitor will hold yet another open meeting that will be gone to by top pioneers from both nations that will be trailed by a State Banquet for Mr Museveni facilitated on his respect by Dr Magufuli, as indicated by the clergyman.


On the second day (Sunday), Mr Museveni is relied upon to visit different territories including industrial facilities claimed by Bakhresa Group, one of Tanzania's biggest aggregates with interest in Uganda and other African nations. As indicated by Dr Mahiga, the Ugandan President will later visit the Tanzania Ports Authority (TPA).
Uganda is a landlocked nation that relies on upon its neighbors for freight leeway and transportation.


"Uganda has for quite a while been utilizing the Mombasa Port in Kenya where 99 for every penny of its load is cleared and the staying one for each penny at the Dar es Salaam Port,'' he stated, adding that the hesitance to clear freight at Dar Port was predominantly created by a few disparities that have now been cleared.


Dr Mahiga communicated idealism that with the current enhanced administrations at TPA, the Ugandan pioneer was probably going to turn around the choice for his nation to exploit the Mombasa Port and rather settle on the Dar es Salaam Port after his voyage through the port this Sunday. Business participation amongst Tanzania and Uganda keeps on developing over the long haul.


As indicated by the priest, in 2016 alone, Tanzanian fares to Uganda remained at 126.7bn/ - contrasted with 99.9bn/ - in the comparing time frame in 2015. Similarly, Dr Mahiga included, Ugandan imports into Tanzania in 2016 remained at 66.8bn/ - contrasted with 78.3bn/ - in 2015.


The Ugandan nation's top manager will likewise hold chats with Dr Magufuli on the venture for the development of the 1,443-kilometer pipeline to transport unrefined petroleum from Hoima in Uganda to Tanga Port which is required to be finished by 2020.

The execution of the venture will open work chances to Tanzanians and additionally open a business zone in northern parts of Uganda and Tanzania, and in addition fortifying collaboration in the East African Common Market.