The Secretary General of the East Africa Community, Liberat Mfumukeko has said the regional body is fully aware of the standoff between Uganda and Rwanda and is already working on measures through which this conflict can be resolved.
Mfumukeko says the regional body has already initiated technical and diplomatic talks between these two countries so that the current impasse is resolved quickly, as it is costing both countries.
“Don’t think we are just seated and watching; we have our ways of solving such issues diplomatically and technically. Our ministers of Trade, Industry and Investments in both countries are already holding meetings to see how this is resolved” he said
He added that this is not the first time the Community has encountered such misunderstanding between member countries, and that such issues always get resolved without causing much harm to the integration.
“After all, Rwanda and Uganda are brothers and sisters. This relation goes back to traditions, we know each other well and sometimes, these simple fights come up but we always come to an understanding because we are family” he said.
Mfumukeko who is Uganda on a business visit was speaking to journalists at the Uganda Investment Authority offices where he had talks with the top officials at the authority.
He further revealed that the EAC is working hard to implement the 8th EAC development strategy that was adopted during the 2018 EAC heads of state Summit.
“This strategy focuses on the private sector and industrialisation as major means to confront EAC problems like Youths Unemployment” he said.
Speaking at the same meeting, the UIA Acting Executive director Lawrence Byensi said Uganda was positioning its self well for investment by working on all bottlenecks that may scare aware investors.
Relatedly, a group of investors from Egypt led by the Ambassador of Egypt to Uganda, H.E Ahmed Abdel Aziz Mostafa paid a visit to UIA offices to exploit and be taken through Uganda’s investment opportunities.
The ambassador noted that a lot of Egyptian investors were willing to invest in Uganda. However, he proposed that for the first years, Uganda should allow Egypt to use its raw materials like food and cotton in their industries in Egypt as they organise and set up industries here in Uganda.
He further noted that Egyptian companies were interested in training and skilling Uganda’s young people to be able to be work effectively and productively in the coming industries