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@kfm Fri, 05 Jan 2024 15:39:43

Uganda-China trade hits $1 billion

The Chinese government says the bilateral trade volume between Uganda and China has increased by 16.1%, hitting a record of 1.1 billion US dollars within the last 12 months. The Chinese Ambassador to Uganda Zhang Lizhong says the bilateral trade increased to 1.1 billion US dollars, up from 800 million US dollars in 2017. He says this is being attained because of the peace and stability that the country has experienced for a long time. “China and Uganda have witnessed an increase in trade volume for six consecutive years. According to the latest statistics from January to October last year, the total volume of bilateral trade increased by 16.1% to 1.1 billion US dollars of which Uganda’s exports to China […]

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