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Sunday, December 3, 2023
WorldAfricaIndia's progress will create new opportunities for Ugandan business: S. Jaishankar

India’s progress will create new opportunities for Ugandan business: S. Jaishankar

Kampala: Foreign Minister S. Jaishankar has said that India’s progress and prosperity can create new opportunities from which Uganda can benefit. Jaishankar met the Indian business community here and asked them to promote bilateral trade for growth and development. Jaishankar is on a visit to the two African countries from April 10-15 to strengthen India’s bilateral ties with Uganda and Mozambique.

India’s progress and prosperity can open up new opportunities that Uganda can benefit from, Jaishankar tweeted on Tuesday after meeting the Indian business community. Just like India’s experiences can help Uganda in its development journey. Addressing the community, Jaishankar talked about the problems India faced due to the Ukraine war.

He said that when the Ukraine crisis began a year ago, the first blow to the global economy was crude oil prices. That said, soon after that, wheat prices went up, as did oil prices, of course a more complicated issue. Wheat was a direct result of the lack of exports from Ukraine. Ukraine is a major exporter of wheat.

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