Nairobi, (KE):- Uganda and Kenya have signed a tripartite agreement in relation to the importation and transit of refined petroleum products through Kenya to Uganda.
The agreement enables the Uganda National Oil Company (UNOC) to directly import refined product commodities from producers in different jurisdictions, a breakthrough that is expected to address the challenges faced by the petroleum sector in Uganda, leading to enhanced efficiency and reliability.
The signing followed President Yoweri Kaguta Museveni’s meeting with his Kenyan counterpart President William Ruto at State House, Nairobi on 16th May, 2024 during his State Visit to the neighbouring East African Country. The visit marked a significant step in strengthening the bilateral relations between the two neighbouring countries.
The meeting commenced with a private tete-a-tete between the two leaders, allowing them to discuss matters of mutual interest and explore opportunities for cooperation.
Following this, President Museveni and President Ruto engaged in bilateral talks with government officials from their respective governments.
The discussions aimed to further enhance collaboration in various sectors, including transport and Infrastructure, trade and investment, immigration, regional integration, peace and security, and the fight against terrorism.
During the press briefing held after the bilateral talks, President Museveni expressed gratitude to President Ruto for extending the invitation to discuss matters of mutual interest. He acknowledged the importance of bilateral cooperation in fostering regional development and stability.
President Museveni also emphasized the need for continued collaboration between the two nations to address common challenges and seize opportunities for growth.
Additionally, he stressed the need for strategic security of Africa through political integration and the concept of brotherhood or “Undugu” as the other two historical missions that should be adopted.
President Ruto on his part, expressed his optimism about the signed instruments, emphasizing that they would solidify the already strong relations between Kenya and Uganda. He highlighted the transformative potential of the agreements, stating that both leaders are fully committed to fulfilling their obligations to maximize the benefits for their countries and citizens.
President Museveni’s visit and discussions with President Ruto signify the commitment of Uganda and Kenya to work together towards achieving these historical missions.
The signing of agreements and protocols is a step forward in realizing the shared vision of creating wealth, ensuring market access, and strengthening political integration in the region.
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