Uganda joined several other African countries participating in the Second China-Africa Economic and Trade Expo to present information on their investment environment, trade policies, key products and tourism to potential Chinese investors, as well as forge new new business partnerships and joint ventures.
The three-day event which ends tomorrow (September 28) takes place in Changsha City, central China’s Hunan Province, and has attracted around 9,000 attendees, some of whom will participate virtually under the theme ” New start, new opportunities, new achievement. “
Public Works and Transport Minister General Edward Katumba Wamala will virtually deliver a speech at the opening ceremony on behalf of Uganda.
The Ugandan Embassy in Beijing and Consulate in Guangzhou have an exhibition stand to showcase a variety of Ugandan products to potential Chinese investors and market its tourism and investment opportunities.
The event is organized by the Ministry of Commerce of the People’s Republic of China and the People’s Government of Hunan Province.
The first China-Africa Economic and Trade Expo (CAETE) was proposed by Chinese President Xi Jin Ping at the 2018 Beijing Summit of the China-Africa Cooperation Forum as a platform for the two sides to deepen economic cooperation and commercial.
The first exhibition was held in June 2019 and attracted the participation of President Museveni who signed 10 agreements in the fields of energy, mining, trade and investment tourism, agriculture and development of infrastructure, among others.
Participants will be able to find African products, brands and five dedicated showcases: the Coffee Exhibition Space; Nuts exhibition area; Cocoa exhibition area; Agricultural and secondary products exhibition area and export exhibition area to Africa. In addition, there will be 22 events, including forums and business matchmaking activities, Ugandan foreign ministry officials said.
The online audience will have access to âcloud conferencesâ with live webcasts; 2D or 3D âcloud exhibitsâ and âcloud transactionsâ that will allow visitors to make purchases through e-commerce. Goods worth 85 million yuan ($ 13.1 million) for export and around 100 types of African products for import are now available on Kilimall and KiliSelect, two e-commerce platforms Approximately 386 projects are expected to be booked through the Expo platform.