Uganda to host major trade exhibition next week
SEE ALSO :Uganda economy up 11pc after rebasingTrade within the regional block has been growing each year. In 2014, Uganda was the second largest export destination for Kenyan goods after Tanzania. The country exported goods worth about Sh67 billion and this made Uganda number seven of among Kenya’s leading trade partners. The opening of the One-Stop border point at Busia further made the flow of people, goods and services easier. Kenya remains a favourable gateway for Uganda which has no shoreline. Spirited efforts have been in the work to extend the railway connection as well build a standard gauge railway line connecting Mombasa Port to Uganda. Last year, reports emerged that Uganda was emerging as a strong market in the region with some media reports indicating that it could overtake Kenya as the regional ‘big boy of trade’.
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