In an attempt to ward off international pressure over human rights violations, President Museveni has assured Ugandans that all is well days after the US President, Joe Biden terminated the country from the Shs40 billion trade deal.
Biden terminated Uganda, Central African Republic, Gabon and Niger from African Growth and Opportunity Act (AGOA) on grounds that they don’t meet the requirements to be on the export deal.
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 the US market.
In the last evening televised address from his country home in Rwakitura, President Museveni assured Ugandans that such trade restrictions and pressures have no meaning because Uganda is a nation of “wealth creators.”
According to Museveni, the unity among Ugandans is enough to withstand such economic pressures.
The President said that those putting pressure on Uganda are just wasting their time noting that foreign pressure has no meaning.
He said fighting corruption and the usual problems plus concentrating on regional integration then internationally, trading with those people who respect Uganda’s sovereignty is enough.