European Business Forum to host business expo and food festival

The European Business Forum in Uganda will host the first annual business expo and food festival dubbed ‘3 Days in Europe' next month.

The 3 day-long event, which aims at facilitating business development, trade partnerships as well as cultural exchange between Europe and Uganda, will take place at the Sheraton Kampala gardens in Kampala from Friday May 6, 2016 to Sunday May 8, 2016.

 "It is European expo for business, food, wine and beer. The ‘three days in Europe" will showcase the best Ugandan and European diversity in business, fun and entertainment. We want to show what Uganda and Europe are doing together," John Petter Gaustad, the chairman of the European Business Forum said at a press briefing to announce the event yesterday in Kampala.

"Our goal is to make Uganda one of the most attractive destinations for investors in Africa. We have had several meetings about the most pressing issues for investors like tax, immigration and land law."

Kristian Schmidt, the head of the Delegation of the European Union to Uganda hailed the rise of business ties between Europe and Uganda, but said there is potential to do more.

"There are more than 500 countries in Uganda doing business with Europe. Uganda exports more than 20% of her exports to Europe, so the EU is already a key export market for Ugandan products," he said.

"There is a good basis (for doing business) but there is potential for doing a lot more in terms of trade and European foreign direct investment in Uganda."