Ambassador Vincent De Visscher, the head of the EU Delegation in Uganda, regretted that the agreements had been misunderstood.
â€œNegotiations are being finalised and will come into effect in 2008. The EU wants to encourage regional integration by creating an environment that encourages and facilities competitiveness and investment,â€ he said.
Visscher emphasised that the EU does not have hidden interests as has been reported in some media.
The Ambassador was on Monday launching a resource centre at the Private Sector Foundation in Nakasero.
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