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PRESIDENT MUSEVENI AND REGIONAL LEADERS ATTEND THE SOURCE 21 COMESA BUSINESS SUMMIT

Friday, 19th July 2019
H.E. Yoweri Kaguta MUSEVENI, President of the Republic of Uganda  today joined his counterparts , H.E. Uhuru KENYATTA,  President of the Republic of Kenya, H.E. Edgar LUNGU, President of the Republic of Zambia, and H.E.  Pillay Vyapoory PARAMASIVUM, President of the Republic of Mauritius at the "Source 21 COMESA International Trade Fair and Business Summit"  taking place at the Kenyatta International Conference Centre in Nairobi - Kenya.


The Business Summit is aimed at promoting  engagement on new markets, potential business partnerships through showcasing and sampling of new products from the region. The primary objective of this Summit  is to promote more intra-Africa trade through expansion of regional markets by encouraging the consumption of quality African products. 


The Heads of State and Government participated in the  Presidential roundtable this morning  which provided a unique platform for them to share their ideas and visions on best practices, addressing knowledge and skills gap as well as address critical issues in Agriculture and Manufacturing sectors against emerging concepts of digitalization and strategies for spearheading regional and Continental Integration.


Other Key issues on the agenda during the Summit  will include the Regional trade frameworks such as the Tripartite and the Africa Continental Free trade area which are expected to increase intra-Africa trade by 52% in 2022 and facilitate industrialization, driving sustainable economic development.


This event is timely coming at a time when COMESA is celebrating its 25th anniversary and at the same time marking one year since the admission of two new members, Tunisia and Somalia to the regional, that brought the total membership of COMESA to 21.


The Trade Fair will also run on the margins of the Summit. It will host pavilions representing all COMESA countries featuring quality products and services that are currently breaking ground in terms of value, quality, innovation and demand in regional and international markets, across all sectors.


It is through these public -private engagement, partnerships and such trade fairs where all entities can work towards achieving the common goals and strategies to address competitiveness of local industries and increase regional trade and regional exports into global markets.


The events are joint initiatives of the COMESA Business Council (CBC), the government of Kenya, the Kenya Association of Manufacturers, the private sector and the COMESA Secretariat.


END


PUBLIC DIPLOMACY DEPARTMENT 
MINISTRY OF FOREIGN AFFAIRS
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