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India, Uganda agree to boost economic, defence cooperation
Posted on: 25-07-2018 , 07:07:AM | DY365 Bureau

 Picture Courtesy: News Nation

 July 25, 2018: India and Uganda on Tuesday agreed to boost bilateral cooperation in the areas of economy and defence following delegation-level talks co-chaired by Prime Minister Narendra Modi and Ugandan President Yoweri Museveni. 

"India will always support Uganda's economic development and nation-building efforts," Modi said in a joint address to the media with Museveni following the talks. 

India has also extended two lines of credit worth nearly USD 200 million to Uganda in energy infrastructure, agriculture and dairy sectors as Prime Minister Narendra Modi held wide-ranging talks with President Museveni and discussed ways to strengthen the bilateral ties.

Stating that bilateral trade and investment is growing stronger, he said that both he and Museveni will meet CEOs of both countries here on Wednesday. 

The Prime Minister also announced two lines of credit worth nearly $200 million for energy infrastructure, agriculture and dairy sectors. 

Modi said that it is a matter of great satisfaction that defence cooperation between the two countries is progressing well. 


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