(East Africa) (3 Minutes Read)
This might spell bad news for Tanzania which was eagerly waiting to secure a massive trade deal with Uganda, while some might see it as a mere gesture.
Kenyan President William Ruto and former Prime Minister Raila Odinga met Ugandan President Yoweri Museveni at his Kisozi Country Home in Uganda. The three leaders met to discuss Odinga’s candidacy for the African Union (AU) Commission chairmanship, stated President Ruto on X.
Ruto has reiterated that Kenya and Uganda are keen to deepen long-established diplomatic and economic ties. This relationship includes bringing all the seven East African Community nations closer in their ultimate goal to form the East African Political Federation.
Ruto and Museveni went ahead to discuss critical issues affecting both countries such as energy and petroleum. The issues affecting the flow of petroleum products between Kenya and Uganda are being resolved. Both agreed on a way forward of sourcing and scheduling imports for the region in a manner that will ensure we achieve the most competitive pricing and maximum logistical efficiency, stated Ruto.
They also discussed the need for the two countries to urgently pursue the design and construction of the earlier conceptualized Eldoret-Kampala-Kigali refined petroleum product pipeline.
Tanzania and Uganda are on the verge of signing a lucrative oil import trade deal that would see Uganda import its fuel through the Port of Tanga instead of Kenya’s Port of Mombasa or even the Port of Dar es Salaam.
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This might spell bad news for Tanzania which was eagerly waiting to secure a massive trade deal with Uganda, while some might see it as a mere gesture.
