President Yoweri Kaguta Museveni has emphasized the need to promote trade among the Non-Aligned Movement (NAM) member countries, saying that it’s a crucial factor in creating affluence.
“Since we are members of the same group of countries with similar interests, we should promote trade amongst ourselves because when I buy from you, I’m supporting your prosperity and when you buy from me, you are supporting my prosperity,” he said.
President Museveni made the remarks on Saturday while delivering his remarks at the closure of the NAM Heads of State and Government summit that has been taking place in Uganda since 15th January, 2024 at Speke Resort Convention Center, Munyonyo.
According to the President, NAM has the capacity to solve a lot of problems if member countries cooperate among themselves.
President Museveni however noted the producer of a good or a service cannot be linked with the consumer with infrastructure.
President Museveni also stressed that the Secretariats of NAM and G-77 should bring ideas of how they can promote and expand interstate trade among member countries.