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“Uganda Has A Lot Of Potential“– President Museveni

President Yoweri Kaguta Museveni on Thursday met and held discussions with a group of Parliamentary Speakers from several countries at Munyonyo Commonwealth Resort, Kampala.

The Speakers are part of the ongoing 27th Conference of Speakers and Presiding Officers of the Commonwealth (CSPOC) being held in Kampala from 3rd- 6th January, 2024.

The President engaged Speakers from Sri Lanka, Ghana, Burundi and South Sudan in successive meetings which were held on the sidelines of the CSPOC.

In a meeting with the Speaker of Parliament of Sri Lanka, Rt Hon. Mahinda Yapa Abeywardena, President Museveni said Uganda is ready for investment and cooperation with Sri Lanka.

He said the East African country has everything that is required for investment including a ready market for finished goods.

“We have a lot of potential, we are ready, let the leaders come and we talk. We have everything here; there’s nothing we don’t have. We are organizing the African Common Market,” President Museveni said.

The President also reiterated that it was an ideological mistake by the Europeans to colonise countries in other continents, saying that the whole idea of imperialism “is not serious because in the end you lose because the people you want to control are people like you. You may have an initial advantage of technology, but they will learn and kick you out.”

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