Uganda has joined a number of several other African countries to participate in the Second China-Africa Economic and Trade Expo.
The three day hybrid Expo, which started on Sunday, is taking place in the Changsha City, central China’s Hunan Province, with an estimated 9,000 participants.
The theme for the Expo is “New Start, New Opportunities, New Accomplishment.”
Uganda together with several African countries are showcasing investment environment, trade policies, key products and tourism to potential Chinese Investors, forge new business partnerships and joint ventures.
Gen. Katumba Wamala, the Minister of Works and Transport, delivered a key note address during the opening ceremony behalf of Government of the Republic of Uganda.
The Uganda Embassy in Beijing and the Consulate in Guangzhou are having an Exhibition stall to display a variety of Ugandan products to Chinese potential Investors and market its Tourism and Investment opportunities.
The biennial event is organized by the Ministry of Commerce of the People’s Republic of China and the Hunan Provincial People’s Government.
The 1st China-Africa Economic and Trade Expo (CAETE) was proposed by Chinese President Xi Jin Ping at the 2018 Beijing Summit of the Forum on China-Africa Cooperation as platform for both sides to deepen Economic and Trade cooperation.
The first expo was held in June 2019. Yoweri Kaguta Museveni, the President of the Republic of Uganda, participated and a total of ten (10) Agreements were signed in the fields of Energy, Mining, Trade and Investment Tourism, Agriculture, Infrastructural development to mention but a few.
Participants will be able to find African products, brands and five dedicated showcases: the Coffee Exhibition Area; Nut Exhibition Area; Cocoa Exhibition Area; Agricultural and Sideline Product Exhibition Area and the Exports to Africa Exhibition Area.
In addition there will be Twenty-two (22) events including forums and business match-making activities will be held.
The online audience will have access to the “Cloud Conferences” featuring live webcasts; 2D or 3D “Cloud Exhibitions” and “Cloud Transactions” that will enable visitors to make purchases through e-commerce.
Goods worth 85 million yuan ($13.1 million) for export and around 100 kinds of African products for import are now available on Kilimall and KiliSelect, two e-commerce platforms. About 386 projects are expected to be booked via the Expo platform.