Monday, May 10We Break the News

President Macron pledges political, economic support, ahead of M7 swearing-in, pushes EACOP Oil pipeline

Spread the love

STATE HOUSE, ENTEBBE: French President Emmanuel Macron has sent a strong message of support to President Yoweri Kaguta Museveni ahead of his swearing-in ceremony next month pledging to work with him to strengthen the political and economic relationship between the two countries.

French President Emmanuel Macron



“I sincerely hope that your new term of office will be an opportunity to deepen the friendship between our two countries, and to develop a relationship of trust in all areas of mutual interest, both political and economic. I therefore hope that the coming years will allow us to cultivate our bilateral dialogue on strategic issues for both countries, especially in supporting the peace process in South Sudan, the stabilization of Somalia and the easing of tensions in the great Lakes region,” President Macron said in a letter to President Museveni.

Macron also wants to fast-track the construction of the EACOP Oil pipeline saying it will be a major opportunity to intensify trade between the two countries and to further expand their cooperation.

“The spirit of dialogue, mutual esteem and respect will enable us to strengthen our bilateral relationship. You can count on me to mobilize French expertise and investors to increase the French economic presence in Uganda and thus give substance to this relationship. This is why I wanted my minister delegate for Foreign Trade and Attractiveness, Mr. Frank Rieser, to visit Uganda this year in line with our mutual desire to intensify our partnership. This visit will follow the signing of the final investment decision between Uganda, Tanzania and the Total Group for the construction of the EACOP Oil pipeline, which will allow the exploitation and export of oil. This will be a major opportunity to intensify trade between our two countries and to further expand our cooperation,” he said.

In a message to the President and the people of Uganda ahead of the swearing-in ceremony next month, President Macron wished President Museveni and all Ugandans success in the new term.

“Following your re-election as the President of the Republic of Uganda, I would like to wish you and all Ugandans every success in your new term.

I know how much you have cherished the ideal of a modern and independent Uganda since assuming the Office of the Head of State in Uganda. I also know to what extent, under your impetus, Uganda has been transformed and has experiences unprecedented economic and human development. This is why I hope that your action will be focused on meeting the new aspirations of the Ugandan youth and that your new term in office will be centred on the full respect for the humanist and democratic values that we share,” he said.

France and Uganda have a strong bilateral cooperation including in military partnership under which the French army provides assistance to train the UPDF for the AMISOM, training Ugandan officers in France or in other military schools in Africa.

Currently, Uganda imported from France goods worth US$51.19 Million during 2020, according to the United Nations COMTRADE database on international trade while it exported goods worth US$8.98 Million during the same time.

Hits: 98