File - Egypt-Uganda Food Security (EUFS) has exported 1st first shipment of 50 tons of Ugandan beef to Egypt.
CAIRO – 29 July 2018: Egypt-Uganda Food Security (EUFS) exported the first 50-ton shipment of Ugandan beef to Egypt, Chief Executive Officer at EUFS, Sherif el-Kallini, announced Saturday.
In press remarks, Kallini said that Ugandan meat is of high quality and outstrips the Brazilian meat imported to Egypt.
This came as part of numerous memoranda of understanding signed between President Abdel Fatah al-Sisi and his Ugandan counterpart Yoweri Museveni during the latter’s visit to Egypt in May.
Both presidents saw the signing of three MoUs in the fields of electricity, agriculture and industrial zones. Museveni reiterated that both leaders are keen to support the establishment of mutual projects aimed at realizing food security for both peoples.
He pointed out that Uganda produces the finest types of beef, which is obtained from livestock fed on organic food.
In 2016, the Ugandan president inaugurated Egypt-Uganda Food Security Company, which is considered Africa’s largest slaughterhouse.
Museveni’s two-day visit came upon an invitation by Sisi and aimed to discuss ways to promote bilateral relations, in line with Egypt’s keenness to coordinate and cooperate with its brotherly African countries in different fields.
Trade Exchange between Egypt and Uganda increased 27 percent year-on-year to reach $66 million, Head of the Export Development Authority (EDA) Sherine el-Shorbagy said last week.
During a press conference on Monday, Minister of Foreign Affairs Sameh Shoukry said that the Egyptian private sector is willing to increase its investments in Uganda.
He referred to an Egyptian company that is conducting a study to establish several projects, estimated at $300 million, in the fields of electricity and energy.
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