The Ministry of Trade, Industry and Cooperatives, in collaboration with the International Trade Center & support from the European Union, has launched a new project that aims at empowering Uganda’s Small and Medium Enterprises (SMEs) and positioning them to take advantage of the opportunities in the global market.
The four year UGX 33 billion project is designed to ensure that Uganda’s SMEs have the policy and business environment they need to grow, compete & trade both within the continent and internationally with emphasis on the EU market.
The project places emphasis on quality compliance & standards, bringing e-commerce within reach of more SMEs, and fostering innovations, among others.
Speaking during the launch, the Minister of Trade, Industry and Cooperatives Hon. Francis Mwebesa said the project will contribute to increasing Uganda’s exports to the EU, which are currently valued at USD 1.4 billion.
