Uganda, Angola sign economic pact
Posted Sunday, May 18 2014 at 01:00
The agreements aim to promote economies and protect intellectual property rights in both countries.
Uganda and Angola have signed two collaboration agreements to promote economies and protect intellectual property rights in both countries.
The signing of the two agreements took place at the Ministry of Foreign Affairs in Kampala on Friday. The agreements were signed by Uganda’s Foreign Affairs minister Sam Kutesa and his Angolan counterpart Georges Rebelo Chicoti.
The two agreements are for establishment of a joint commission co-operation that seeks to promote energy, agriculture, education, training, medical services and the economic scientific and cultural co-operation in sharing scientific and economic knowledge, as well as protection of intellectual property rights.
“We share historical relationship and common position, hence the need for bilateral agreements to strengthen this relationship,” Mr Rebelo said at the signing ceremony.
Mr Rebelo said consolidating bilateral relationship between Uganda and Angola will help exploit East Africa’s economic potential and stir development in Uganda.
He said the agreements will improve private sector business and projects that boost the livelihoods of citizens in both countries.
Mr Kutesa commended the Angolan government for its vibrant private sector and said Uganda is looking forward to benefitting from the bilateral cooperation.