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Tuesday February 1, 2011
INDIA plans to set up international trade and investment institutes in selected African countries, including Uganda.
The institutes aim at equipping investors with business knowledge to help them understand cross-border trade, according to Niraj Srivastava, the Indian high commissioner to Uganda.
“The Kampala institute will be operational in three years. More institutes will be established in Tanzania, Burundi and Ethiopia. The Uganda college will initially serve all the East African Comminity countries,” he said.
The move also intends to consolidate India’s foreign investment footprint on the continent. India is helping Uganda develop its information communication technology sector through a partnership with Makerere University’s IT faculty
The New Vision Newspaper
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