President Museveni will on Saturday travel to Tanzania for a one-day state visit that will see him hold talks with his host, John Magufuli at his country home in Chato.
Museveni today flew to Angola for a meeting with regional leaders on security.
From Luanda, Museveni will connect to Tanzania where his advance teams arrived earlier this week.
The meeting comes at a time Uganda is urging Tanzania to remove trade barriers to boost movement of goods and people between the two countries.
The cost of voice calls between Tanzania and Uganda remain prohibitively high, undermining communication and inter-trade.
Uganda’s Ambassador to Tanzania, Richard Kabonero recently said Tanzania boasts huge gas reserves which Uganda needs to tap for the development of the steel industry.
Tanzania holds 57 trillion cubic feet of natural gas reserves, a resource the country has been utilizing largely for electric power generation but plans are underway to start exporting to international markets.
Both Tanzania and Uganda are working on the $4b crude oil export pipeline from Uganda’s Albertine Graben to Tanzania’s Tanga port at the Indian Ocean.
Construction of the 1,410-kilometer (876-mile) pipeline was scheduled to start last year but bureaucracy and indecision on the part of Ugandan leaders has delayed the project.
Museveni’s trip also will take place at a time of heightened tension between Uganda and Rwanda whose share a border with Tanzania.
Rwanda maintains an embargo on Ugandan goods and has blocked her people from crossing to Uganda.
The Ugandan leader, who received military and political support from Tanzania for a war that ushered him into power in 1985, will be the second East African leader to visit Magufuli at Chatu in a space of two week after Kenya’s Uhuru Kenyatta.
During Kenyatta’s visit, Magufuli and his guest tasked ministers responsible for energy in respective countries to explore mechanisms for the natural gas trade including infrastructure and policy requirements.
President Magufuli said his country is looking at Kenya as a potential market for its natural gas and called on the two governments to speed up the trade arrangement.
“We have natural gas, a lot of gas. We know Kenya needs gas. Instead of Kenya importing gas from outside East Africa, they should buy from here,” President Magufuli said.
The two leaders further resolved to revamp ferry services on Lake Victoria saying regular maritime travel between Kisumu, Mwanza, Bukoba and other ports on Africa’s largest lake will help create employment, enhance connectivity and spur related economic activities.
Uganda and Tanzania earlier this week announced plans to hold a joint Business Summit on September 5, 2019 in Dar es Salaam.
The private-sector led event seeks to discuss trade and investment opportunities between Uganda and Tanzania in order to facilitate trade between the two countries.
The event will take place at the Julius Nyerere International Convention Centre, in Dar-es- Salaam – Tanzania under the theme “Promoting bilateral trade and investment for growth and sustainable development”.
Uganda’s exports to Tanzania was US$49.8 Million during 2017, according to the United Nations COMTRADE database on international trade.
They include Mineral fuels, oils, distillation products, cereals, Pharmaceutical products, Iron and steel, Paper and paperboard, articles of pulp and paper.