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Uganda Signs Export Protocols with China to Enhance Foreign Exchange Earnings

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Uganda Signs Export Protocols with China to Enhance Foreign Exchange Earnings

by Geraldine S.
10/02/2024
in Trade Agreements

Uganda has signed two protocols with China aimed at boosting foreign exchange earnings through the export of dried chilies and wild aquatic products. This development was announced by Minister of Agriculture Frank Tumwebaze during a press briefing on Tuesday.

The protocols were established during the Forum on China-Africa Cooperation (FOCAC) Summit held in Beijing last month. One protocol outlines the inspection, quarantine, and sanitary requirements for various wild aquatic products, including Nile perch fillets, headless and gutted Nile perch, fish maw, fish skins, fish scales, and silverfish products destined for the Chinese market.

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The second protocol formalizes an agreement that allows for the export of dried chilies, tapping into one of the world’s largest chili consumer markets. Minister Tumwebaze stated that these agreements will grant traders of chilies and aquatic products free access to the extensive Chinese market, contingent upon inspections by authorities in both nations.

He emphasized that with collaboration between the ministry and the private sector, Uganda is well-equipped to meet the requirements of the Chinese market while maintaining high standards of food safety and quality in its exports.

Stay updated with supply chain logistics news on The Supply Chain Report. Free international trade tools are available at ADAMftd.com.

#SupplyChainNews #TradeAgreements #Agriculture #Exports #EconomicGrowth

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