China Offers Uganda $30m Grant to Support Customs Modernization
The Government of the People’s Republic of China has agreed to support customs modernization project in Uganda with a grant worth RMB 200,000,000 (US $ 30m). The grant agreement was signed in the Chinese capital, Beijing on 3rdNovember 2017 by Hon. Matia Kasaija, Minister of Finance, Planning and Economic Development and Dr. Qian Keming, Vice Minister of Commerce of the People’s Republic of China. The signing ceremony was witnessed by Dr. Chrispus Kiyonga, Ambassador of Uganda, Mr. Dicksons Kateshumbwa, Commissioner Customs (URA) and other senior government officials.
The grant will support the capacity of Uganda Revenue Authority (URA) to acquire latest technologies in the form of non-intrusive scanners, modernized customs risk management, supervision and communication systems, customs service and enforcement support, border infrastructure improvement among others. Dr. Qian Keming informed that the grant demonstrates the value China attaches to the relationship with Uganda. On his part, Hon. Kasaija extended appreciation to the Chinese government and observed that the grant will support government to mitigate revenue losses as well as facilitate trade and border management.
The grant agreement was signed on the margins of the 2nd session of the Joint Commission on Trade, Economic, Investment and Technical Cooperation. During the bilateral meeting, both sides reviewed the status of economic cooperation in the areas of trade, investment, infrastructure and development cooperation. The meeting agreed on strategies to support Uganda’s competitive products access the market in China, promote the country’s touristic attractions as well as boosting investment and industrial capacity.
The Joint Commission on Trade, Economic, Investment and Technical Cooperation is a bilateral mechanism that meets regularly to review implementation of agreed decisions and prioritize areas that promote trade and economic cooperation.
Related News
Five groups of billion-dollar export commodities to China
09:58 | 16/05/2024 Import-Export
Customs takes drastic measures to prevent gold and foreign currency smuggling
09:58 | 16/05/2024 Anti-Smuggling
Binh Dinh Customs: Set a goal to upgrade administrative reform
09:59 | 16/05/2024 Customs
Quang Ninh Customs promotes development of Customs broker
10:12 | 14/05/2024 Customs
Latest News
FedEx launches new online import customs declaration tool
09:44 | 16/05/2024 World Customs
Iran becomes sixth country to connect its national customs system to eTIR
08:55 | 16/05/2024 World Customs
6th WCO Global AEO Conference promotes modernization of AEO programmes
16:23 | 15/05/2024 World Customs
GAC to promote foreign trade, expand global cooperation
16:05 | 15/05/2024 World Customs
More News
6th WCO Global AEO Conference opens in Shenzhen, China
11:32 | 15/05/2024 World Customs
Customs software upgrade set to bolster trade for developing countries
11:32 | 15/05/2024 World Customs
Saudi customs receives global acclaim for two-hour clearance service
07:49 | 05/04/2024 World Customs
Customs create safe environment for all procedures
10:01 | 22/03/2024 World Customs
Hong Kong customs arrests 7 for laundering $1.8 billion
14:51 | 23/02/2024 World Customs
The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party
17:44 | 21/02/2024 World Customs
Bulgaria Announces Merger of Customs and Revenue Agencies
17:43 | 21/02/2024 World Customs
Employing AI, ML in Customs and border management
07:53 | 13/02/2024 World Customs
Digital technologies in customs control
08:06 | 11/02/2024 World Customs
Your care
FedEx launches new online import customs declaration tool
09:44 | 16/05/2024 World Customs
Iran becomes sixth country to connect its national customs system to eTIR
08:55 | 16/05/2024 World Customs
6th WCO Global AEO Conference promotes modernization of AEO programmes
16:23 | 15/05/2024 World Customs
GAC to promote foreign trade, expand global cooperation
16:05 | 15/05/2024 World Customs
6th WCO Global AEO Conference opens in Shenzhen, China
11:32 | 15/05/2024 World Customs