
Describe the steps taken by any one east African country (Uganda) to develop her import and export trade since independence.
Since gaining independence in 1962, Uganda has taken several steps to develop its import and export trade. Here are some key measures:
Trade Liberalization
Policy Reforms: Uganda implemented trade liberalization policies in the 1990s, reducing tariffs and non-tariff barriers to trade. This opened up the economy to international markets and increased trade volumes.
Regional Integration: Uganda joined regional trade blocs such as the East African Community (EAC) and the Common Market for Eastern and Southern Africa (COMESA). These memberships have facilitated easier access to regional markets and promoted trade within the region.
Export Promotion
Diversification: Efforts have been made to diversify export products beyond traditional commodities like coffee and tea. Uganda has expanded into exporting fish, flowers, and other non-traditional products.
Value Addition: The government has encouraged value addition to raw materials before export. This includes processing agricultural products to increase their market value.
Export Processing Zones (EPZs): Establishment of EPZs has provided incentives for businesses to produce goods for export, including tax breaks and infrastructure support.
Infrastructure Development
Transport Infrastructure: Investments in improving road, rail, and air transport infrastructure have been crucial in facilitating trade. Better transport networks have reduced the cost and time of moving goods.
Port Development: Upgrading and expanding port facilities, particularly at the Port of Mombasa, which serves as a key gateway for Uganda’s imports and exports.
Trade Facilitation
Customs Modernization: Modernizing customs procedures and adopting electronic systems have streamlined the import and export processes, reducing delays and costs.
Trade Agreements: Uganda has entered into various bilateral and multilateral trade agreements to enhance market access for its products.
Institutional Support
Uganda Export Promotion Board (UEPB): The UEPB was established to promote and support Ugandan exports through market research, trade fairs, and capacity building for exporters.
Financial Support: The government has provided financial support and incentives to exporters, including export credit guarantees and subsidies.
These steps have collectively contributed to the growth and development of Uganda’s import and export trade, making the country more competitive in the global market.
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Thanks
Dr. Bbosa Science