Uganda Assumes Comesa Chair
Joining the FTA means the tariff charges on the majority of imports and exports between Uganda and other COMESA states will drop to 2% from 10% compared to what is levied on goods from states like China except for sensitive goods.
President Yoweri Museveni will chair the 19-member trade bloc for the next one year.
As the chair, the country will also have the opportunity to influence discussions and decisions especially on trade related matters.