Hope for more trade as Uganda, DRC abolish visa rule - News Summed Up

Hope for more trade as Uganda, DRC abolish visa rule


By JONATHAN KAMOGA More by this AuthorUganda and the Democratic Republic of Congo have agreed to abolish visa requirements for their citizens to boost cross-border trade and East African Community integration. According to official data, Uganda earned $241 million in trade surplus from the DRC in 2020, and an estimated $177 million in informal trade exports, which pushes the figure to $418 million in trade earnings. Read: Uganda, DR Congo in talks for visa-free travel dealThis makes DRC Uganda’s number one trade surplus market. Read: DRC makes slow steps in integrating with EAC states“I personally have a farm just across the border in DRC where I grow different crops. Read: Uganda looks to open new markets in DRCKampala and Kinshasa are also jointly developing three road projects inside the DRC.


Source: Daily Nation October 21, 2023 11:43 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */