Uganda: Brazil Seeks Trade Relations With Uganda

Moses Talemwa – All Africa, 11/6/2014

The emergence of Brazil, Russia, India, China, and South Africa (BRICS) as a strong economic bloc continues to spur global economic growth. Africa offers immense potential for the bloc with Brazil now ready to come to Uganda.

Moses Talemwa recently met Joao Bosco Monte, the chief executive of the Brazil-Africa Institute, who was in the country to check out investment opportunities of interest to Brazil.

When will Brazil follow in the footsteps of its peers in the BRIC and come to Uganda? Uganda should present itself to Brazil. Brazil is already close to Africa. Our former president Lula Da Silva set the agenda by stating that Africa is a priority. He led a delegation of businessmen to Africa and we have been investing there ever since. We have contacts with mostly Lusophone Africa – Angola, Mozambique, Cape Verde and Guinea Bissau. Now we are looking at other countries.

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