Uganda: DR Congo-Uganda Business Forum to enhance opportunities and partnerships

The organizers of the 2022 Uganda Business Forum in the Democratic Republic of Congo (DRC) said the joint forum will strengthen opportunities and partnerships for inclusive and sustainable development between the two nations.

The event organized by the DRC-Uganda Business Association (DUBA) on behalf of Uganda and DRC public and private sector entities will start on February 25 and end two days later.

The joint forum, which was launched in November 2019, will be held under the theme: “Deepening Bilateral Trade, Partnerships, Knowledge Transfer for Mutual Peace and Prosperity”.

While the aspects of trade and markets to the DRC are what many companies in Uganda might be looking for, organizers explained that there was optimism about bilateral capacity and knowledge transfer.

The two countries maintain excellent bilateral relations; as evidenced by established cooperation frameworks including the Joint Permanent Commission, Joint Security Operations and many other bilateral agreements that have enabled the two states to achieve common goals and objectives.

To harness this potential, the two countries have continued to develop mutual development mechanisms, including joint infrastructure projects, joint security patrols, one-stop border posts, among others.

“Bilateral infrastructure development agreements alongside joint security operations must secure unstable areas so that sustainable economic development in the DRC can be achieved,” reads in part the DUBA statement.

The forum aims to promote the existing structures of formal bilateral trade, markets, partnerships, knowledge transfer for mutual peace and prosperity between the two countries.

The forum will provide many opportunities for the business community of both countries, and these will include among others; networking and linkages, including visits to local businesses in Kinshasa and follow-ups in other areas of interest in the DRC and business facilitations.