{"id":64512,"date":"2024-01-10T17:46:59","date_gmt":"2024-01-10T17:46:59","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/?p=64512"},"modified":"2024-01-10T17:46:59","modified_gmt":"2024-01-10T17:46:59","slug":"uganda-will-trade-with-foreign-countries-that-respect-us-museveni","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-will-trade-with-foreign-countries-that-respect-us-museveni","title":{"rendered":"Uganda will trade with foreign countries that respect us- Museveni"},"content":{"rendered":"

Africa-Press – Uganda. <\/strong><\/span>In attempt to ward off international pressure over human rights violations, President Museveni on Tuesday sought to assure Ugandans that all was well days after the US President, Joe Biden terminated the East African country from the Shs40 billion trade deal.<\/b><\/p>\n

Biden terminated Uganda, Central African Republic, Gabon and Niger from African Growth and Opportunity Act (Agoa) on grounds that they don\u2019t meet the requirements to be on the export deal.<\/p>\n

A December 2023 communication from the office of the trade representative, confirmed the termination that now locks Ugandan made products out of the preferential treatment on US market.<\/p>\n

How Uganda Agoa ban impacts East Africa investments<\/p>\n

\u201cI have determined that Central African Republic, Gabon, Niger and Uganda do not meet the requirements described in section 506A (a)(1) of the Trade Act. Accordingly, I have decided to terminate the designations of the Central African Republic, Gabon, Niger, and Uganda as beneficiary sub-Saharan African countries for purposes of section 506A of the Trade Act, effective January 1, 2024,\u201d the statement read.<\/p>\n

In a Tuesday evening televised address from his country home in Rwakitura, western Uganda, President Museveni who has led the East African nation since 1986 when he shot his way to State House through guerrilla warfare assured Ugandans that such trade restrictions and pressures have \u201cno meaning\u201d because Uganda is a nation of \u201cwealth creators.\u201d<\/p>\n

\u201cSome of the people who get carried away by linking up with foreign interests forget our strengths. For somebody to come and say “unless you follow what I’m telling you I\u2019ll not…..” they are really not serious,\u201d he said.<\/p>\n

According to Mr Museveni, 79, the unity among Ugandans is enough to withstand such economic pressures.<\/p>\n

\u201cIf we divide ourselves then we’ll be weak, but if we don’t divide ourselves then there’s nothing we cannot do…Those putting pressure on us are just wasting their time. Foreign pressure has no meaning. Therefore, what we can do is fight corruption; the usual problems, concentrate on regional integration….But internationally, we can trade with those people who respect us,\u201d said Mr Museveni who was flanked by his wife, Janet Museveni and assistants.<\/p>\n

The termination of Uganda from Agoa, a US trade preference act enacted on May 18, 2000, to provide duty-free access of over 6,000 products from beneficiary countries to the US market follows a number of other sanctions, including travel restrictions against top officials and threats of aid cuts, slapped against Uganda after the adoption of the Anti-Homosexuality Act in 2023. The US labeled the law retrogressive.<\/p>\n

For More News And Analysis About Uganda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. In attempt to ward off international pressure over human rights violations, President Museveni on Tuesday sought to assure Ugandans that all was well days after the US President, Joe Biden terminated the East African country from the Shs40 billion trade deal. Biden terminated Uganda, Central African Republic, Gabon and Niger from African […]<\/p>\n","protected":false},"author":84,"featured_media":64510,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12,258],"tags":[233,240,234],"class_list":["post-64512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","category-to-homepage","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nUganda will trade with foreign countries that respect us- Museveni - Uganda<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-will-trade-with-foreign-countries-that-respect-us-museveni\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uganda will trade with foreign countries that respect us- Museveni\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Uganda. In attempt to ward off international pressure over human rights violations, President Museveni on Tuesday sought to assure Ugandans that all was well days after the US President, Joe Biden terminated the East African country from the Shs40 billion trade deal. Biden terminated Uganda, Central African Republic, Gabon and Niger from African […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-will-trade-with-foreign-countries-that-respect-us-museveni\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-10T17:46:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2024\/01\/sm_1704892104.259289.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1152\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-will-trade-with-foreign-countries-that-respect-us-museveni#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-will-trade-with-foreign-countries-that-respect-us-museveni\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Uganda will trade with foreign countries that respect us- Museveni\",\"datePublished\":\"2024-01-10T17:46:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-will-trade-with-foreign-countries-that-respect-us-museveni\"},\"wordCount\":439,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-will-trade-with-foreign-countries-that-respect-us-museveni#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2024\/01\/sm_1704892104.259289.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-will-trade-with-foreign-countries-that-respect-us-museveni#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-will-trade-with-foreign-countries-that-respect-us-museveni\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-will-trade-with-foreign-countries-that-respect-us-museveni\",\"name\":\"Uganda will trade with foreign countries that respect us- Museveni - 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