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President Museveni Invites Belgian Investors

President Museveni with EU Foreign Policy Chief Mr. Javier Solan in Brussels.

President Yoweri Museveni paid a three day working visit to Belgium, April 19-21, 2005. In his meeting with Belgian Prime Minister Guy Verhostadt, the two Leaders exchanged views on bilateral and international issues. President Museveni expressed his appreciation for the assistance Belgium extends to Uganda. He invited Belgian entrepreneurs to invest in Uganda and take advantage of the local, regional and international markets that are ready to buy their products.

The President also met the EU Foreign Policy Chief, Mr. Javier Solana, with whom he discussed EU-Uganda relations. While addressing the Belgian- Luxembourg Chamber of Commerce, President Museveni informed entrepreneurs that they are assured of reaping profits because they would take advantage of the growing Ugandan market currently at 27 million people, the East African community regional market of 100 million people, as well as the COMESA, American and Chinese markets. He assured Belgian entrepreneurs that Uganda provides a good investment climate as evidenced by a stable macro–economic regime. He pointed out that the country had good natural resources such as good quality coffee, tobacco, beef, milk, freshwater fish, flowers, timber products, bananas, petroleum, hydropower and tourism, among others.

The President of the Belgian- Luxembourg Chamber of Commerce, Mr. Bernard de Gerlache, lauded Uganda’s achievements in the economic, social and political fields since 1986.

President Museveni visited the Ghent International Flower Exhibition where Uganda won second position after the Netherlands.

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