FinMin calls on South Korean firms to seize opportunities in Egypt    Egypt inks $22m Japanese grant for Suez Canal's first-ever diving support vessel    Egypt's stocks start week in green on Sunday, 28 Dec., 2025    Egypt launches solar power plant in Djibouti, expanding renewable energy cooperation    Egypt targets 80% debt-to-GDP ratio by June 2026 as external debt falls $4bn    FRA issues model policy for Real Estate Title Insurance in Egypt    Netanyahu to meet Trump for Gaza Phase 2 talks amid US frustration over delays    Egyptian, Norwegian FMs call for Gaza ceasefire stability, transition to Trump plan phase two    Egypt leads regional condemnation of Israel's recognition of breakaway Somaliland    Health Ministry, Veterinarians' Syndicate discuss training, law amendments, veterinary drugs    Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive    Egypt, Spain discuss cooperation on migration health, rare diseases    Egypt's "Decent Life" initiative targets EGP 4.7bn investment for sewage, health in Al-Saff and Atfih    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Egypt flags red lines, urges Sudan unity, civilian protection    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Australia returns 17 rare ancient Egyptian artefacts    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches Red Sea Open to boost tourism, international profile    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Ambassador: Uganda, Egypt poised to cement prosperous relations
Published in Youm7 on 25 - 09 - 2011

UGANDA: Relations between Egypt and Uganda witnessed significant growth after the January 25 Revolution, the Egyptian ambassador to Uganda Sabri Majdi Sabri said recently.
“All Egyptian sectors must determine new methods of cooperation with Uganda to support the partnership,” Sabri said.
The ambassador also claims that the Nile River will not cause conflicts between the Nile Basin countries during the next 30 years.
“Nile Basin countries believe that the Nile is a resource for development, not for disputes,” he added.
The Ugandan population needs more production and resources for energy, the ambassador claims. They need new electrical plants to replace the current system of deforestation for fuel.
Ugandans consume four billion tons of wood daily for fuel. The price of a cooking coal sack rose to U.S. $30 from U.S. $8 recently.
“Deforestation affects the rate of rainfall and the water in the Nile,” said Sabri.
All concerned Nile Basin countries agree on the significance of preserving the river's environment.
“Uganda needs supplementary irrigation projects to combat declining rainfall and drought,” Sabri said. “Egypt is working to help Ugandans create a series of dams to preserve rainfall.”
Ugandan President Museveni emphasizes the need to encourage investment and partnership between private sector foreigners and local area sectors, the ambassador claims.
“This is the best way to increase the rate of development, particularly in the agricultural field.”
The Ugandan President also claims that Egyptian investors must closely study the Ugandan market and recognize Ugandan needs and priorities.
Uganda must carry out new transportation projects, like road and bridge construction. This requires serious investors, the ambassador said.
Ugandan will provide facilities and exceptions for foreign investment.
The Egyptian Export Council of Fertilizers and Chemicals sent two members to study the Ugandan market prior to holding a meeting between Egyptian and Ugandan businessmen in Kampala, the Ugandan capital.
Egyptian businessmen can establish a commercial center for Egyptian goods and products in Uganda, the ambassador claims.
“This will cost initial investment but it will bring economic returns in the long run; it provides the opportunity to establish industrial and agricultural projects.”


Clic here to read the story from its source.