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Museveni to attend COMESA summit in Kenya

By Taddeo Bwambale

Added 16th July 2019 10:42 AM

Key on the agenda is the Africa Continental Free Trade Area which was endorsed by nearly all African countries

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President Yoweri Kaguta Museveni. AFP Photo

Key on the agenda is the Africa Continental Free Trade Area which was endorsed by nearly all African countries

President Yoweri Museveni is due to take part in the Presidential Roundtable at the Common Market for Eastern and Southern Africa (COMESA) High Level Business Summit in Kenya.

The two-day summit which opens at the Kenyatta International Conference Centre in Nairobi under the theme: “The Hallmark of Quality” will discuss.

Museveni will join presidents Uhuru Kenyatta of Kenya, Edgar Lungu of Zambia and Paramasivum Pillay Vyapoory of Mauritius for presentations on Africa’s development future.

Key on the agenda is the Africa Continental Free Trade Area (AfCTA) which was endorsed by nearly all African countries in March 2018 in Kigali, Rwanda.

The AfCTA seeks to progressively eliminate tariffs on trade and drive up investments to the continent and its coverage would make it the world’s largest free trade area.

Uganda signed up to the landmark free trade area which brings together over 1.2 billion people across 55 states, with a gross domestic product (GDP) of $2.5 trillion.

According to a COMESA conference schedule, President Museveni will make a presentation on how technology can provide the much-needed advantage to accelerate industrialization, market linkages needed for the implementation of the AfCFTA.

His presentation will also touch on some of the key policies and technology drivers that the region can employ within the AfCFTA and how leaders can ensure Africa’s readiness to integrate.

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