Uganda Somalia Trade Pact,Uganda to Strengthen Ties with Somalia Through New Labor and Trade Agreements
Uganda is embarking on a new chapter of bilateral relations with Somalia, aiming to expand trade, investment, and labor cooperation through a series of agreements designed to enhance regional integration. According to Ambassador Richard Kabonero, the Foreign Affairs Ministry’s Director for Regional and International Economic Cooperation, the Uganda-Somalia partnership has reached new heights with the signing of the Second Uganda-Somalia Joint Permanent Commission (JPC). This collaboration focuses on opening markets, encouraging cross-border investments, and facilitating air links between the two nations.
A Strategic Bilateral Framework
During an exclusive interview, Kabonero highlighted the strategic importance of the JPC in anchoring Uganda’s bilateral cooperation with Somalia. He noted, “The JPC opens up markets for our products, encourages cross-border investment, and air links.” Notably, Uganda Airlines has already started flying to Mogadishu, operating four flights a week, transporting Ugandan goods and fostering stronger trade ties.
Expanding Trade Horizons
As part of Uganda’s Tenfold Growth Strategy, Kabonero revealed that the country has successfully added 34 new products to its export portfolio over the past five years. These products are poised to reach markets across Somalia and beyond. The emphasis on regional markets is critical for Uganda’s economic development, as Kabonero explained, “Finding regional markets is critically important for our economy.”
Bilateral Labor Agreement
In a significant move to protect and empower Ugandan workers, the two countries are set to sign a bilateral labor agreement. This agreement aims to safeguard the rights of over 20,000 Ugandan workers in Somalia, providing them with secure, legal employment pathways. Kabonero stressed the importance of this deal, especially as Somalia serves as a gateway to the Gulf for Ugandan workers seeking opportunities.
Educational and Professional Cooperation
Furthermore, Uganda and Somalia are also working on an education memorandum of understanding to address Somalia’s needs for skilled professionals. Kabonero mentioned that Somalia is seeking Ugandan teachers, health professionals, and technical experts to help fill gaps in its workforce. This collaboration will not only create employment for Ugandan citizens but also contribute to Somalia’s development.
Strengthening Financial Ties
The JPC is also set to bolster financial integration between the two countries. The Bank of Uganda and the Central Bank of Somalia have already started working together on cross-border trade and remittances, a development that promises to ease financial transactions and encourage economic growth.
A Legacy of Peacekeeping
Kabonero attributed the growing relationship between Uganda and Somalia to the 18-year peacekeeping efforts by Ugandan forces in Somalia under AMISOM and AUSSOM. These contributions have played a crucial role in stabilizing Somalia, which now benefits from improved security, allowing more Ugandans to live and work there.
The Future of Regional Cooperation
Looking ahead, Kabonero emphasized that the JPC will continue to be central to Uganda’s regional economic diplomacy. He stated, “With this JPC, we expect to open more markets and more opportunities for our people.” The agreement is a reflection of Uganda’s commitment to regional cooperation, aiming for stronger ties and economic prosperity across the East African Community.
The partnership between Uganda and Somalia has the potential to significantly enhance both countries’ economic and social landscapes, ensuring mutual growth, peace, and development for their citizens.