President Yoweri Museveni has called for the immediate resumption of the joint Ministerial Commission between Uganda and Algeria to push for the engagement of the business sector and table the trade proposal for tea, coffee, maize and maize products and milk to boost trade between the two countries.
“Am happy to be here and I will start with business. I want to sell our agriculture products here, especially tea and coffee. We have a lot of tea. And for coffee we are starting to add value through processing. Nescafe have been buying our coffee at a dollar per kilo and selling at US$15 a kilo in London. We lose jobs and money. But when we process we sell directly,” he said.
The President was meeting the Prime Minister of Algeria, Rt. Hon. Abdelmalek Sellal, at the Zeralda State Residence in the Capital Algiers.
The two leaders agreed on the proposal to bring the business communities of both countries together to exploit the economic potential of the two countries.
The two leaders discussed military cooperation in the region and Africa to ensure African unity, sovereignty and stability.
They also discussed the security situation in the Sahel Region, Tunisia, Libya and the migration crisis, South Sudan and Somalia.
Prime Minister Abdelmalek Sellal said his country was ready to support Uganda’s UPDF in Counterterrorism and Peacekeeping Operations.
He hailed President Museveni’s efforts in finding solutions in South Sudan and Somalia and pledged additional support to stabilize the region and bring back security and development.
He said the visit by President Museveni is a great opportunity to make and update relations between the two countries in order to boost development cooperation.
“From the economic view, we look forward to building economic relations and trade exchanges. We have some importers of coffee, tea and cocoa from Uganda but this is an opportunity to increase more trade,” he said.
Prime Minister Sellal said his country has great opportunities in promoting cooperation in the Agriculture and fisheries sector and called for the biannual cooperation commission to meet and look at the possibilities of cooperation and exchange.
Uganda’s exports to Algeria are low with the major products being cocoa, coffee and tea.
Uganda’s imports from Algeria are less than USD$ 1m per annum.